What to do when you are leaving India for Job overseas ?

Are you Resident ? Non Resident ? Not Ordinary Resident ?

Query in your mind ? What to do ?

You have been living in india, since your birth. Going for Job Abroad ? What are you now ? Resident or not Resident

What does the bank Say ? what does the Chartered Accountants recommend ? What is the ICAI guidelines ? What are the Income tax Law and Rules ?

Relax. First of all, Relax, You are safe in both Conditions, Nothing to worry

See Rule 1 : 182 days or more outside India ?

If you are leaving for “employment” outside India, then …….  you get the wonderful benefit….. you become a pure “non resident”…. as soon as you do 182 days or more outside India in that year .

 

Means : if you leave Indian airport / Seaport etc in any month from April to August… to even upto 30th Sept , then you surely cannot do 182 days in India

and in that situation == you are validly a PURE NON RESIDENT FOR THAT YEAR

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What if I leave India on 15th OCTOBER ?

or anytime between October to March of the year ? then am I a resident or non resident ?

In that case .. yes, you do not get the benefit of that “exemption” . and detailed calculation to be seen

 

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