Question

Under Section 2(v)(i) of the Foreign Exchange Management Act, 1999, which of the following persons is EXCLUDED from the definition of "Person Resident in India" even if they have resided in India for more than 182 days during the preceding financial year?

A A person residing in India who is a citizen of a foreign country
B A person who has come to India for taking up employment in India for an uncertain period
C A person who has gone out of India for carrying on business outside India for an uncertain period
D A person registered or incorporated in India under any law
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