Published Jul 12, 2022
2 mins read
410 words
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Economics

Why Should We Pay Tax 《Part 3》

Published Jul 12, 2022
2 mins read
410 words

Hi guys in this blog let's see about the residential status in tax authority we saw in the previous blog that Income has to be determined in the hand of every person for determining the income the first test primary test is the residential status of a person we have been listening to statement like he is non resident Indian NRI she is a foreigner etc in this block letters see how to determine whether a person is resident or non resident Mini of follows the same pattern for the wedding the residential status of them before proceeding the to the mode of data mining the residential status there are three important aspect one has to understand it is Anshu and residential status or two different concept citizenship is predominantly based on place of birth expection or there but basically there valuation of this concept is based on place of birth where as residential status is determined on the basis of place of space residential status need to be determined for every person if a Farm is that acid and it cannot be concluded that partners or also resident it might end up as one or more partners as non resident residential status determination of residential status of individuals section 6 for determining the residential status of an individual two conditions need to be tested each condition will have two sub rule first one is basic condition in basic condition he or she should have been in India for 182 days or more during the relevant previous year and the second one is he or she should have been in India for 60 days or more during the relevant previous year and 365 days or more during the four years immediately preceding the previous year note important points stay in India include stay in territorial waters of India to stay need not be continuous stay will be computer by including date of arrival and date of departure the special categories for Indian citizens Indian citizen whole leaving India as a member of the crew of an Indian ship Indian citizen leaving India for the purpose of employment India. Hope my blogs are useful to you all for understanding the concept about why we are paying tax to our country which is very important for the growth of the country. Every person who is earning more is liable to pay tax. 
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Income Tax
Residents
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chinna13 7/12/22, 9:39 AM
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chinna13 7/13/22, 12:50 PM
Liked this
sapna.bhandari 7/26/22, 7:50 PM
Nice please read mine too

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