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Income Tax - Highlights / Catch Notes

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Status of assessee - period of stay in India - Not Ordinarily ...

Income Tax

February 23, 2021

Status of assessee - period of stay in India - Not Ordinarily Resident in India - Since the NOR status and the purchase of stock option of the assessee is a mixed question of fact and law, as rightly suggested by the learned Senior Standing Counsel for the department, in the interest of justice, in order to give one more opportunity to the assessee we are of the considered view that the matter can be remitted back to the Assessing Officer. - HC

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