CA Inter doubt
Does citizenship affect residential status?
Asked by Aint4 May 2024559 views
3 answers
Hishita · 4 May 2024
Section 6(1A), if you are an Indian citizen earning more than 15 lakhs in India and not subject to tax in any other country due to domicile, then you will be considered a Resident. Thus even if you received more than 15 lakhs in India, your status will be Resident but Not Ordinarily Resident in India and as per section 5 scope of total income, you are liable to pay tax only on income accrued or received in India.
Aint · 4 May 2024
Then what about deemed resident case
Mahek · 4 May 2024
No
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