Section 2(v) of fema_ pri

SWATI KAUSHIK (chartered Accountant) (269 Points)

15 March 2014  

hiii.....

as given in sec 2 (v) ..a person resident in india for more than 182 days during the course of the preceding financial year. but does include

(A) a peson who goes out of india or who stays outside india :-

 for employment

for business 

for any other purpose

Doubt:- if a person goes out of india for all these above mention purpose ....and his stay in india during preciding f/y is more than 182 days then he will be considered as person resident in india or not.

what are interpretation of line written in status in sec 2 (v)