top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

​How to determine the residential status of a HUF for the purpose of the Income-tax Law?​​

+1 vote
109 views
​How to determine the residential status of a HUF for the purpose of the Income-tax Law?​​
posted Jun 21, 2017 by Tanmay

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Resident : control and management of its affairs is situated wholly or partly situated in India.
Non Resident : control and management of its affairs is situated wholly situated out side India.

Control and Management:
Control and management of business is said to be situated at a place where the head and brain of the organisation is situated.

If HUF is resident, then the status of the karta determines whether it is resident and ordinary resident or resident but not ordinary resident . If the karta is resident and ordinary resident then the HUF is resident and ordinary resident and if karta is resident but not ordinary resident , then HUf resident but not ordinary resident

answer Jun 22, 2017 by Deepak Jangid
...