The ITAT determined the residential status of the assessee under...

The ITAT determined the residential status of the assessee under Section 6, concluding that the global income is taxable in India. Despite holding a UAE tax residency certificate, the tribunal found the assessee meets the residential criteria for Indian tax purposes. The tribunal confirmed the Assessing Officer's order, rejecting the assessee's arguments about business travel and visa status. The decision mandates taxation of global income in India and directs the AO to verify and provide credit for foreign taxes paid, while also requiring a de novo reassessment of long-term capital gains using valuation figures from 30.06.2018 to prevent potential tax avoidance.