Forums
Back
Residential Status
Direct Taxation
In case of 1. Crew member of Indian ship leaving India 2.Leaving India for the purpose of Employment 3.Indian Citizen, person of Indian origin visits India In the above conditions we will be considering period of stay as 182 days in the previous year and 365 days in 4 immediately preceding previous years. 4.Indian Citizen, person of Indian origin visits India has income arising in India excluding foreign Income greater than 15 lakhs then consider 120 days in the previous year & 365 days in 4 immediately preceding previous years. 5.Indian Citizen, person of Indian origin visits India total income excluding foreign income is greater than 15 lakhs and not liable to tax in any other country he would be deemed to be resident in India. That Resident but not ordinary resident. 6.Indian Citizen, person of Indian origin visits India total income excluding foreign income is greater than 15 lakhs, period of stay is greater than 120 days but less than 182 days in the previous year and 365 days in 4 immediately preceding previous years- he would be a resident but not ordinary resident. Am I right Sir/Madam? If I am wrong would you please correct me.
Answers (6)
Thread Starter
Swetha SOr in the conditions 1 to 3 only 182 days in the previous year to be considered . From 4 to 6 - 365 days in 4 PPY is considered. Actually while solving the additional illustration I got confused. Kindly help in solving this
I made my doubt shortâ?¦Is what mentioned in the image correct. In what circumstances do we consider 120 days and 365 days out of 4 immediately PPY.
Your Reply