Residential status in India

In India, the residential status of (an individual) is determined on the basis of the individual’s total physical stay in the country during the relevant tax year. Hence, the days spend in India prior to start of the assignment are considered for determining the residential status of the individual in India. On the other hand, residential status of a company depends on whether that company is registered (incorporated) in India or whether its management and controls lies in India.

December 3, 2017
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