Resident Status

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  1. praveen g

    praveen g New Member

    Hi,

    If a an Individual who is having US Citizenship is staying in India for last 4 years, what will be his Residential status for Income tax purpose ?

    Thanks,
     
  2. ZED

    ZED Well-Known Member

    Resident.



    S.6. For the purposes of this Act,—

    (1) An individual is said to be resident in India in any previous year, if he—

    (a) is in India in that year for a period or periods amounting in all to one hundred and eighty-two days or more; or

    (b) [Deleted]

    (c) having within the four years preceding that year been in India for a period or periods amounting in all to three hundred and sixty-five days or more, is in India for a period or periods amounting in all to sixty days or more in that year.


    S.6(6)A person is said to be "not ordinarily resident" in India in any previous year if such person is—

    (a)an individual who has been a non-resident in India in nine out of the ten previous years preceding that year,
    or has during the seven previous years preceding that year been in India for a period of, or periods amounting in all to, seven hundred and twenty-nine days or less;
     
  3. praveen g

    praveen g New Member

    So it will be Resident referring S.6
     
  4. ZED

    ZED Well-Known Member

    Yes.
     
  5. praveen g

    praveen g New Member

    Thanks..
     
    ZED likes this.
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