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Residential Status

Direct Taxation

As per provisions of 6(1A) will a person of Indian origin be deemed to be resident if his total income other than from foreign sources exceeds 15Lac?As in the act only citizen of India is mentioned

Priyanka Udeshi

CA Final

★ 14K+

23-Jan-21 14:51

402

Answers (3)

In case of person of Indian origin: IF non-foreign source TI > 15 lakh during the PY, then resident if any 1 condition is satisfied: (a) in India during the PY for a total period of â?¥ 182 days, OR (b) in India during the 4 years immediately preceding the PY for â?¥ 365 days AND â?¥ 120 days in PY Note: both the conditions are same as earlier, except "120 days" in (b) Note: IF non-foreign source TI â?¤ 15 lakh, then check only (a) as in case of other exceptions

Deepak Gupta

CA Inter

★ 1K+

23-Jan-21 16:10

IL reply system doesn't accept less than equal to, more than equal to signs etc. That's why some weird symbols appearing above. I hope it won't be a hindrance for you. Kindly read accordingly.

Deepak Gupta

CA Inter

★ 1K+

23-Jan-21 16:13

Deepak Gupta

IL reply system doesn't accept less than equal to, more than equal to signs etc. That's why some weird symbols appearing above. I hope it won't be a hindrance for you. Kindly read accordingly.

Pls use >= / <=