https://www.taxtmi.com/caselaws?id=470623 Residence status under the Foreign Exchange Management Act depended on completing the 182-day stay requirement in India. Applying the General Clauses Act principle, the day of arrival was excluded when calculating the respondent's effective period of stay. The computation showed that the respondent had not completed 182 days in India and therefore was not a person resident in India under Section 2(v). On that basis, the order declining endorsement of seizure of the shares required no interference. en-us Wed, 15 Oct 2025 00:00:00 +0530 Sat, 01 Aug 2026 19:57:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470623 Residence status under the Foreign Exchange Management Act depended on completing the 182-day stay requirement in India. Applying the General Clauses Act principle, the day of arrival was excluded when calculating the respondent's effective period of stay. The computation showed that the respondent had not completed 182 days in India and therefore was not a person resident in India under Section 2(v). On that basis, the order declining endorsement of seizure of the shares required no interference. Case-Laws FEMA Wed, 15 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470623