RESIDENTIAL STATUS

This query is : Resolved 

28 January 2009 Once a person is resident for a source of income in a particular P/Y he shall be deemed to be resiedent for all other sources of income in the P/Y
This is correct or not.

28 January 2009 Under the Income tax act , First We need to find out the residential status of the assessee then the the taxablity of the income under the varoius head is determined.



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