Section 6 rules of income tax

This discussion clarifies the residency rules under Section 6 of the Indian Income Tax Act. It focuses on the conditions for being considered a resident, specifically the 60-day and 182-day stay requirements within a financial year and the preceding four years. The asker seeks to understand if the 60-day period refers to the assessment year or previous year and how it impacts residency status, including the distinction between resident ordinary and not ordinary resident.