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THE CO..... act 2013

Only a natural person who is an indian person


balachandar S

balachandar S

CA Foundation

1K+

25-Nov-21

77

Answers (10)

only the natural person who is an Indian citizen and resident in in India ( the person who stays in India for a period of not less than 120 days* during immediately preceding one financial year* above 2 line can any one explain that start point which I as marked in above pls


Thread Starter

balachandar S

balachandar S

CA Foundation

1K+

25-Nov-21

Miradevi S

120 days??? Must be 182 days

no as per amendment it was changed ....... it should be 120 days only sister can you tell me that star point


Thread Starter

balachandar S

balachandar S

CA Foundation

1K+

25-Nov-21

Thread Starter

balachandar S

no as per amendment it was changed ....... it should be 120 days only sister can you tell me that star point

Natural person means a living human being should be an Indian citizen and should stay in India for minimum of 120 days


Miradevi S

Miradevi S

CA Inter

9K+

25-Nov-21

Miradevi S

Natural person means a living human being should be an Indian citizen and should stay in India for minimum of 120 days

ok sister after that marked star point i got confused *during immediately one financial year this was my doubt


Thread Starter

balachandar S

balachandar S

CA Foundation

1K+

25-Nov-21

That means For example if Mr x is an Indian citizen and period of his stay in India is counted for preceeding financial year means previous Yr ie 20-21


Miradevi S

Miradevi S

CA Inter

9K+

25-Nov-21

Miradevi S

That means For example if Mr x is an Indian citizen and period of his stay in India is counted for preceeding financial year means previous Yr ie 20-21

ok so...... for incorporate OPC the member should be indian citizen as well as resident of India (i.e ) i am bala i want to incorporate a OPC means then i should be indian citizen and i was stayed in india for a period of 120 days in preceding financial year of 1 April to 31 mar... am I right sister


Thread Starter

balachandar S

balachandar S

CA Foundation

1K+

25-Nov-21

Miradevi S

Yes bro

tq so much all the best for you and your ca inter also bye sister


Thread Starter

balachandar S

balachandar S

CA Foundation

1K+

25-Nov-21

Thread Starter

balachandar S

tq so much all the best for you and your ca inter also bye sister

Same to you bro all the best :)


Miradevi S

Miradevi S

CA Inter

9K+

25-Nov-21

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