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RESIDENTIAL STATUS

Income Tax - Basics - 02 - INTRODUCTION Tax is levied on total income of assessee. Under the provisions of Income Tax Act, 1961 the total income on each person is based upon his . Section 6 of the Act .....

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is a citizen of India can be non-resident for Income Tax purposes, whereas an American who is a citizen of America can be Resident of India for Income Tax purposes. of a person depends upon the territ .....

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