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
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
Contact us page click here