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  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Residential Status

Residential Status


As per section 6 of Income Tax Act, 1961, Residential status are been defined differently for different types of assessees. Following are the list to find out the residential status:-

INDIVIDUAL:- An individual is said to be resident for the relevant previous year if any of the following 2 conditions get fulfilled:-

  1. If he stays for a period of 182 days or more in the relevant previous year, or
  2. If in the relevant previous year he stays for 60 days or more AND 365 or more days in 4 previous past years before the relevant year

Note:- In case if such individual falls in any of the below condition then his residential status will be defined only by condition 1. :-

a) Being a citizen of India , he leaves India as a member of the crew of an Indian ship, or for the purposes of employment outside India

b) Being a citizen of India, or a person of Indian origin  comes on a visit to India

COMPANY:- A company is said to be resident in india, if

  • It is an Indian Company, or
  • its place of effective management, in that year, is in India

NOTE:- “Place of effective management” means a place where key management and commercial decisions that are necessary for the conduct of the business of an entity are made.

HUF , FIRM or Other Association:- It is said to be resident in india if the control and management of its affair is situated wholly or partially in india.

Thus, on the basis of such residential status one can easily assess its Taxable income.

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