need clarigication following RNOR rule
He/she has been non-resident in India, that is, an NRI, in nine out of the ten previous years preceding that year,
To determine RNOR stqtus of FY 2020-21, does he need to be NRI for 9 years out of 10 years from FY 2019-20 to 2010-11or from 2020-21 to FY 2011-12.
Does FY 2020-21 need to be included in 10 years or not??
need clarification for RNOR rule
Thanks Ankit ji. So if I am NRI for 9 years out of 10 years before FY 2020-21, I will be RNOR for FY 2021-21 if I dont fulfill the NRI criteria in FY2020-21.
Is that correct Sir?
250 Days
Ankit ji, stay in India is around 250 days in FY 2020-21
ok Thanks Ankit ji
CAclubindia
