If the residential status of Mr. X is ordinarily resident for his Salary Income and he started business in USA on 24th Feb. 2021. What will be his residential status for business income for P.Y. 2020-21.
A. Non-Resident
B. Resident and ordinarily Resident
C. Not ordinarily Non-Resident
D. Resident but not ordinarily resident.
Answer:B
If the residential status of Mr. X is ordinarily resident for his Salary Income and he started business in USA on 24th Feb. 2021. What will be his residential status for business income for P.Y. 2020-21.
A. Non-Resident B. Resident and ordinarily Resident C. Not ordinarily Non-Resident D. Resident but not ordinarily resident.