Our Recommendations :-
Follow CA Final FB Page

Who are resident but not ordinary resident?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 rohith asked almost 3 years ago

Hi Can I know, Who are resident but not ordinary resident?

    0       0 Answer Now Comment Report
3 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

A resident but not ordinary resident is the one who is not the resident in India for 9 out of the 10 preceding previous years or he has during the 7 preceding years been in India for a period of, or period amounting to 729 days or less.

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered almost 3 years ago

Resident A Resident is one who falls into either of these two categories: 1.Is in India for 182 days in the year or more, OR 2.In the preceding four years was in India for 365 days or more, and in the current tax year is in India for a total of 60 days or more This applies to citizens of any nationality. However the period of 60 days in the second clause above will be extended to 182 days (for Indian citizens and foreign citizens of Indian origin) for those who fall into one of these two categories: 1.an Indian citizen who left India in any year for employment outside India, OR 2.an Indian citizen or a foreign citizen of Indian origin (NRI), who is outside India, comes on a visit to India Non-Resident A tax assessee is non-resident if he or she is not a Resident as-per the section above. Resident but Not Ordinarily Resident A Resident is "not Ordinarily Resident" if he or she fulfils either of these two conditions: 1.Has been a Non-Resident in India for 9 out of 10 preceding years

    0       0 Comment Report
Open uri20170510 32134 s5bvk0?1494421637 ARJUN PRATAP SINGH answered almost 3 years ago

Dear Friend, as far as your query is concerned that Who are resident but not ordinary resident? Let me informed that A resident but not ordinary resident is the one who is not the resident in India for 9 out of the 10 preceding previous years or he has during the 7 preceding years been in India for a period of, or period amounting to 729 days or less. Hope answer was helpful to you Regards, Arjun Pratap Singh

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.