Question

short note on Non-Resident Indian under income tax​

Answer 1

Answer:

NRI Definition as per Indian Income Tax Act

Under section 6 of the Income Tax Act, 1961, a person, who is of Indian origin or Indian citizen, is considered an NRI if he is not a resident in India.

Answer 2

Answer:

An individual residing abroad is defined as a Non-Resident in a Financial Year under the Income Tax Act if his stay does not exceed 181 days. The current tax law states that an Indian citizen who stays abroad for employment or is carrying on business for an uncertain duration is a non-resident.

Explanation:

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