Mr. Ramji (age 55) is Karta of HUF doing textile business at Nagpur. Mr. Ramji is residing in Dubai for the past 10 years and visited India for 20 days every year for filing the income tax return of HUF. His two major sons take care of the day to day affairs of the business in India. The residential status of HUF for the assessment year 2021-2022 is:…….
A. Non-resident
B. Resident and ordinarily resident
C. Not ordinarily resident
D. None of the above
Answer:C
Mr. Ramji (age 55) is Karta of HUF doing textile business at Nagpur. Mr. Ramji is residing in Dubai for the past 10 years and visited India for 20 days every year for filing the income tax return of HUF. His two major sons take care of the day to day affairs of the business in India. The residential status of HUF for the assessment year 2021-2022 is:…….
A. Non-resident B. Resident and ordinarily resident C. Not ordinarily resident D. None of the above