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Direct Taxation
In case of Indian Citizen, Person of Indian Origin Visits India - Income arising in India is greater than 15lakh - will we consider only 120 days (or) 120 days in the previous year and 365 days in 4 immediately preceding previous year.
Answers (10)
Thread Starter
Swetha SSorry I got the conceptâ?¦.It was a misunderstanding
an Assessee total income should be more than 15 lacks excluding of an foreign sources ....
Balachandar S
an Assessee total income should be more than 15 lacks excluding of an foreign sources ....
Yeah you are right..But my doubt was differentâ?¦
Balachandar S
What is your doubt???
Should we consider only 120 days in the previous year (or) 120 days in the PY & 365 days in 4 immediately PPYâ??sâ?¦ Now got it that both should be considered.