Skip to content

NISM Certifications · NISM-Series-X-B: Investment Adviser (Level 2) · Concepts in Taxation

Under the Income-tax Act, a person who is an Indian citizen and leaves India for employment abroad during a financial year is a resident only if he stays in India for at least:

The Indian citizen is a resident only if he stays in India 182 days or more in that year. For citizens leaving India for employment abroad, the usual 60-day plus 365-day test is relaxed, so the longer 182-day period applies.

  1. A182 days in that yearCorrect
  2. B120 days in that year, with 365 days in the preceding four years
  3. C60 days in that year, with 365 days in the preceding four years
  4. D90 days in that year

Explanation

An Indian citizen leaving India for employment abroad is resident only if he stays in India for 182 days or more in that year. The 60-day condition with 365 days in the four preceding years is the general additional test, and it is relaxed for such a citizen. Hence 182 days is the applicable threshold.

Did you get it right without looking?

One question tells you little. A timed set on Concepts in Taxation shows your real accuracy, how long you take and where you lose marks.

Practise Concepts in TaxationFree diagnostic mock

More Concepts in Taxation questions