Question
1. Leo Messi, a football player visits India for 110 days in every financial year. This has been his practice for the past ten years.
1. Leo Messi, a football player visits India for 110 days in every financial year. This has been his practice for the past ten years. Explaining the conditions to determine the residential status, find out his residential status for the assessment year 2019-20. Also, comment on whether he is resident but not ordinarily resident during the previous year 2018-19 (20 Marks)
The answer should be a min of 800 Words. Or else the university will not consider it.
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For the given problem we have to first check Income tax Act 1961 provisions which decides Residential status of a person and categorized it as 1Reside...Get Instant Access to Expert-Tailored Solutions
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