• Registered Users :
  • 163437
  • Current Active Users :
  • 103723

Your Answer

Question ID : 40857

Income tax matters

An assesse has gone abroad and was not here in india since 1-4-20 and is not going to be here for 182 days in India during 2020-21 financial year.A business under his proprietorship is running in India. What will be taxability position during 2020-21. He is having some income abroad also

Posted by Mahesh Kumar on Oct 04, 2020

Filed Under DIRECT TAXES

Answer ID : 80813

Persuant to amendment in sec 6(1) the period of 182 days has been reduced to 120 days, to qualify for non-resident. His taxability would otherwise be as of non-resident

Posted by SURAJ KUMAR CHOUDHARY on Nov 15, 2020