ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    An Indian citizen who stays in India for less than how

    many days during a financial year is considered a Non-Resident Indian (NRI)?
    A 120 days Correct Answer Incorrect Answer
    B 182 days Correct Answer Incorrect Answer
    C 183 days Correct Answer Incorrect Answer
    D 240 days Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to the Income Tax Act, an Indian citizen is considered a Non-Resident Indian (NRI) if they stay in India for less than 182 days during the financial year. This is a key criterion in determining residential status for taxation purposes.

    Practice Next
    More Accounts Questions
    ask-question