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Karta is a resident, for at least 2 out of 10 preceding previous years, Is that means a period of 2 years or periods amounting in all to 2 years???
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Best Answer
As per sec.6(2) karta would be treated as a resident of previous year if he is a resident for any 2 years out of 10 previous preceding years of previous year. E.g whether a karta would be treated as a resident for previous year 2020-21 or not it would depand on fact that whether he was a resident for any 2 years between 2010-11 to 2019-20.