Indian Finance Solutions

How to determine residential status of an individual?

An individual may be a) resident and ordinarily resident in India (b) resident but not an ordinarily resident in India or (c) non-resident in India

To find out whether an individual is “resident and ordinarily resident” in India, the following conditions have to be satisfied:-

Basic conditions that need to be satisfied to check if an Individual is a resident in India are as follows:-

1) The person must be India in the previous year for a period of 182 days or more

2) The person is in India for a period of 60 days or more during the previous year and 365 days or more during 4 years immediately preceding the previous year.

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