New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    An individual who wants to be a resident of India

    U/S6(1) must stay in India for at least:
    A 182 days Correct Answer Incorrect Answer
    B 365 days Correct Answer Incorrect Answer
    C 730 days Correct Answer Incorrect Answer
    D 370 days Correct Answer Incorrect Answer

    Solution

    As per Section 6(1) of the Income Tax Act, an individual is considered a resident of India if he/she meets any of the following conditions: Stays in India for at least 182 days during the relevant financial year, or Stays in India during the 4 years immediately preceding the previous year for a total period of 365 days or more and has been in India for at least 60 days in the previous year.

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