Change of status NRI to Resident - tax
My status is NRI . I left India in Feb 2007 and will be finally returning to India in Oct 2015 . During all these years my stay in India in each FY was approx 80 days . I want to know am I eligible to qualify for status of Resident but Not Ordinary Resident (RNOR) from tax point of view . Kindly reply .
Asked 2 years ago in Income Tax from New Delhi, Delhi
You will be mesident but not ordinarily resident under Income Tax Act for 3 years maximum.
Talk to Vijay N. Kale
4.9 on 5.0
i think it is already answered by my professional colleagues
Talk to Shyam Sunder Modani
5.0 on 5.0