Question

explain how the liability of an assessment is determined with reference to his residence​

Answer 1

Answer:

Another major factor that determines the tax liability of an assessee is his residential status in the country during the financial year. As per experts, the residential status of the taxpayer means the number of days he was physically present in the country during a financial year and preceding ten financial years.

Answer 2

Answer:

Another major factor that determines the tax liability of an assessee is his residential status in the country during the financial year. As per experts, the residential status of the taxpayer means the number of days he was physically present in the country during a financial year and preceding ten financial years.