RESIDENTIAL STATUS - Introduction

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..... Under the provisions of Income Tax Act, 1961 the total income on each person is based upon his Residential Status. Section 6 of the Act divides the assessable persons into three categories: * Res....

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....ritorial connections of the person with this country, i.e. for how many days he has physically stayed in India. The Residential Status of the Assessee may change from Year to Year. What is essential ....