Tag: Resident Indian

  • Modification of Tax Residency provisions – Budget Proposal 2020

    Modification of Tax Residency provisions – Budget Proposal 2020

    Sub-section (1) of section 6 of the Act provide for situations in which an individual shall be resident in India in a previous year. Clause (c) thereof provides that the individual shall be Indian resident in a year, if he,- (i) has been in India for an overall period of 365 days or more within…

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