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TMI BlogResidence in IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... or more ; or (b) [ * * * ] (c) having within the four years preceding that year been in India for a period or periods amounting in all to three hundred and sixty-five days or more, is in India for a period or periods amounting in all to sixty days or more in that year. Explanation 1 - In the case of an individual- (a) being a citizen of India, who leaves India in any previous year as a member of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gn sources, exceeding fifteen lakh rupees during the previous year, for the words sixty days occurring therein, the words one hundred and twenty days had been substituted . Explanation 2 - For the purposes of this clause, in the case of an individual, being a citizen of India and a member of the crew of a foreign bound ship leaving India, the period or periods of stay in India shall, in respect of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in India in any previous year in every case except where during that year the control and management of its affairs is situated wholly outside India. (3) A company is said to be a resident in India in any previous year, if- (i) it is an Indian company; or (ii) its place of effective management, in that year, is in India. Explanation - For the purposes of this clause place of effective management ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... previous years preceding that year, or has during the seven previous years preceding that year been in India for a period of, or periods amounting in all to, seven hundred and twenty-nine days or less; or (b) a Hindu undivided family whose manager has been a non-resident in India in nine out of the ten previous years preceding that year, or has during the seven previous years preceding that year b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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