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Question

Legal Studies Question on Tax Law

As per the Income Tax Act, 1961, a person is said to be resident of India in any previous year if he had been in India for a period of the following number of days in the previous year:

A

180 days

B

182 days

C

184 days

D

186 days

Answer

182 days

Explanation

Solution

Under the Income Tax Act, 1961, a person is considered a resident if they are in India for at least 182 days in a given financial year.