The incidence of tax on any assessee depends upon his residential status. It plays a vital role while computing the tax liability of an individual. The residential status of an individual is not related to citizenship. In other words, Indian citizens may be residents of India or not.
Residential Status Under Income Tax
Residential Status Under Income Tax
Residential Status Under Income Tax
The incidence of tax on any assessee depends upon his residential status. It plays a vital role while computing the tax liability of an individual. The residential status of an individual is not related to citizenship. In other words, Indian citizens may be residents of India or not.