Question
Mr. X, an Indian citizen, stayed in India for 130 days during FY 2024-25. In the four preceding years, his total stay in India was 480 days. Determine his residential status for AY 2025-26.
More Taxation Related Questions
- A registered dealer sells goods worth ₹5,00,000 with GST @18%. He has input tax credit (ITC) of ₹70,000. What is his net GST payable in cash?
- The books of account of every company relating to a period of __________________ immediately preceding a financial year together with the vouchers relevant...
- The remuneration of the auditor of a company shall be ________________________
- A domestic company reports ₹2 crore as book profit. As per section 115JB, if its normal tax liability is ₹12 lakh, what is the Minimum Alternate Tax (MAT) ...
- A trader crosses the threshold limit for GST registration in June. He registers on July 10. He raises a taxable invoice on July 5. Is GST applicable?
- For an individual resident in India aged below 60 years, the basic exemption limit for the Financial Year 2025-26 (Assessment Year 2026-27) is:
- Mr. A (age 35) has a total income of ₹14,00,000. What is his tax liability for A.Y. 2024-25? (Assume no deductions)
- What is the maximum limit to the number of members in a private company?
- The "Standard Deduction" available to salaried taxpayers for A.Y. 2025-26 (under New Tax Regime) is:
- Preference shareholders can vote on all the resolutions placed before the company if________________
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt