DEAR SIR
I HAVE BEEN NRI FOR MORE THAN 10 YEARS. I JUST RETURNED TO INDIA ON 19TH MARCH'2014 AND I HAVE PLAN TO GO BACK AGAIN AND STAY OVERSEAS.
I JUST LIKE TO KNOW, UNTILL WHEN I CAN ENJOY "RNOR" STATUS ?.......FURTHER DO I HAVE TO SUBMIT TAX RETURNS ?......AS I THINK, I WILL GO BACK AGAIN BEFORE EXPIRING MY RNOR STATUS.
PLEASE GUIDE ME.
THANKS/ PRAKASH
assuming you continue to stay in India, your RNOR status will continue till end of FY 2015-16. after that your status shall be OR.
Shyam Joshi & Associates
Pune
B.Com
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Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
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CAclubindia
