Income Tax Residential Status Quiz

A person is Non-resident if he fails to fulfil

• The additional conditions

• At least one of the basic conditions

• Both basic conditions

• None of these

An individual who wants to be a resident of India must stay at least for

• 730 days in previous year

• 182 days in previous year

• 365 days in previous year

• 60 days in previous year

Residential status of an assessee can be ascertained as per the provisions under

• Section 6

• Section 7

• Section 10

• Section 11

Second basic condition of 60 days is not applicable to

• The person of indian origin

• Indian citizen who leaves India as a crew member of ship

• Indian citizen who leaves India for job

• All of the above

Residential status of company is determined under

• Section 6(4)

• Section 6(1)

• Section 6(6)

• Section 6(3)

What is the primary criterion for determining the residential status of an individual under Income Tax Act?

• Marital Status

• Age

• Citizenship

• Physical Presence

To be considered a resident under the Income Tax Act, an individual must stay in India for how many days during the financial year?

• 60 days

• 90 days

• 120 days

• 182 days

If an individual qualifies as both, a resident and a non resident in a financial year, what is their residential status?

• Resident

• Non-resident

• Resident but not ordinarily resident

• Ordinarily resident

How is the residential status of a company determined under Income Tax Act?

• Place of incorporation

• Location of the headquarters

• Nationality of the directors

• Place of registration

What is the residential status of a hindu undivided family if the control and management of its affairs are situated wholly outside India?

• Resident

• Non-resident

• Resident but not ordinarily resident

• Ordinarily resident