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What is the criterion for an individual to be considered a "Resident of India" under Section 6(1) of the Income Tax Act?
  • a)
    182 days or more of physical stay in India in the previous year.
  • b)
    60 days or more of physical stay in India in the previous year.
  • c)
    182 days or more of physical stay in India in the previous year OR 60 days or more in the previous year and 365 days or more in the preceding 4 years.
  • d)
    365 days or more of physical stay in India in the previous year.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the criterion for an individual to be considered a "Resid...
According to Section 6(1) of the Income Tax Act, an individual is considered a "Resident of India" if they fulfill one of two criteria: 182 days or more of physical stay in India in the previous year, or 60 days or more in the previous year and 365 days or more in the preceding 4 years.
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What is the criterion for an individual to be considered a "Resident of India" under Section 6(1) of the Income Tax Act?a)182 days or more of physical stay in India in the previous year.b)60 days or more of physical stay in India in the previous year.c)182 days or more of physical stay in India in the previous year OR 60 days or more in the previous year and 365 days or more in the preceding 4 years.d)365 days or more of physical stay in India in the previous year.Correct answer is option 'C'. Can you explain this answer?
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What is the criterion for an individual to be considered a "Resident of India" under Section 6(1) of the Income Tax Act?a)182 days or more of physical stay in India in the previous year.b)60 days or more of physical stay in India in the previous year.c)182 days or more of physical stay in India in the previous year OR 60 days or more in the previous year and 365 days or more in the preceding 4 years.d)365 days or more of physical stay in India in the previous year.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the criterion for an individual to be considered a "Resident of India" under Section 6(1) of the Income Tax Act?a)182 days or more of physical stay in India in the previous year.b)60 days or more of physical stay in India in the previous year.c)182 days or more of physical stay in India in the previous year OR 60 days or more in the previous year and 365 days or more in the preceding 4 years.d)365 days or more of physical stay in India in the previous year.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the criterion for an individual to be considered a "Resident of India" under Section 6(1) of the Income Tax Act?a)182 days or more of physical stay in India in the previous year.b)60 days or more of physical stay in India in the previous year.c)182 days or more of physical stay in India in the previous year OR 60 days or more in the previous year and 365 days or more in the preceding 4 years.d)365 days or more of physical stay in India in the previous year.Correct answer is option 'C'. Can you explain this answer?.
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