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of <h1>Income-tax Act Section 6 Update: Residency Criteria Revised to 120 Days, New 'Not Ordinarily Resident' Definition Introduced</h1> The amendment to section 6 of the Income-tax Act, effective April 1, 2021, revises residency criteria. It changes the period for Indian citizens visiting India from 'one hundred and eighty-two days' to 'one hundred and twenty days' to be considered a resident. A new clause (1A) deems Indian citizens as residents if not taxed elsewhere due to domicile or similar reasons. Clause (6) redefines 'not ordinarily resident' status, requiring non-residency in seven out of the ten preceding years for individuals or Hindu Undivided Families. These changes apply from the assessment year 2021-2022 onwards.
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