Question

Under Section 2(v) of FEMA, 1999, which of the following persons qualifies as a "Person Resident in India"?

A A person who has been residing in India for more than 182 days during the current financial year
B A person who has been residing in India for more than 182 days during the course of the preceding financial year
C Any Indian citizen, irrespective of how many days they reside in India
D A person residing in India for more than 120 days in the preceding financial year
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