How to calculate RNOR status for a returning Non-Resident Indian
Determining the Residential Status
- Keep track of the number of days the individual has physically stayed in India during the financial year.
- Include both arrival and departure days in the calculation.
- Exclude the days of transit through India if the individual is not present in India during those days.
- Check if the individual has been a resident in India for at least 182 days or more in each of the 2 financial years out of the last 10 financial years.
- Include both the current financial year and the previous 10 financial years in the assessment.
- Calculate the total number of days the individual has been physically present in India during the last 7 financial years.
- Include both arrival and departure days in the calculation.
- Exclude the days of transit through India if the individual is not present in India during those days.
- If the total exceeds 730 days, the individual is considered an Indian resident for tax purposes.
Use in Manifestly