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OPC Nominee should be reside in india atleast for 182 days of F.Y .....why 182 days criteria..? What exact reason behind this.?


Ramya Devi

Ramya Devi

CA Inter

580

31-Aug-20 06:33

51

Answers (4)

Hii


Gourahari Deep

Gourahari Deep

CA Foundation

1K+

31-Aug-20 09:13

For the purpose of satisfying the criteria that he should be an Indian Resident


ruchi lahoti

ruchi lahoti

Moderator

31-Aug-20 09:19

To qualify as a resident Indian, an individual should have spent 182 days or more of a financial year in India, or stayed in India for 60 days or more in the year and for a period of 365 days or more in the 4 years preceding the relevant financial year.


Jagadeesh ovalareddy

Jagadeesh ovalareddy

CS Executive

10

31-Aug-20 15:14

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