Direct Tax Indirect Tax
Direct Tax Indirect Tax
DIRECT TAX
INDIRECT TAX
Assessee
Key Point:
Person
PERSON
The term person includes:
a. An individual
b. A Hindu undivided family
c. A company
d. A firm
e. An association of persons or a body of individuals, whether
incorporated or not
f. A local authority and
g. Every artificial juridical person not falling within any of the
preceding categories.
ASSESSMENT YEAR
Previous Year
INCOME
120000
180000
200000
125000
400000
10000
Particulars of Income
Whether Taxable
Resident
Resident Non Resident
and
but
not 2 Yes
ordinarily ordinarily 3 No
4 Yes
3 Yes
1 No
2 No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Yes
No
No
No
No
No
Particulars of Income
Whether Taxable
Resident
Resident Non
and
but
not Resident
ordinarily ordinarily
100000
100000
100000
120000
180000
120000
180000
120000
180000
100000
100000
No
125000
400000
No
No
No
No
Case
During the year 2012-13, NG a foreign citizen,
stays in India for 69 days. Determine his
residential status for the AY 2013-14 on the
basis of the following information:
1. During 2009-10, he was present in India for
365 days
2. During 2006-7 and 2005-06, he is in Japan for
359 and 348 days respectively.
3. Mrs. NG is resident in India for AY 2013-14.
Case
Mr NG has been in India since 1987 and left
for Russia on 5th June 2011 on a teaching
assignment. He came back to India on 5th
February 2013 to resume his duties with the
previous employer. What shall be his
residential status for the previous year ending
31st March 2013?
Non Resident
Case 3
Mr. NG came to India for the first time on 30th
June 2006. he stayed here continuously for 3
years and left for Singapore on 30th June 2009.
He returned to India on 1st April 2010 and
remained in India till 31st July 2011 when he
went back to Japan. He again came to India on
31st December 2012 to take up a job with
DCM. What is his residential status for the PY
ending 31st March, 2013?
PY
No. Of Days
Residential Status
2006-07
275
Resident
2007-08
366
Resident
2008-09
365
Resident
2009-2010
91
Resident
2010-2011
365
Resident
2011-2012
122
Resident
2012-2013
92
Resident
Nitin Goel
Assistant Professor
Management Department
RDIAS