Confused about NRI Status ?
Hi
As per Indian IT Act , if a person stays outside India for more than 182 days in a financial year ( I guess April to March) his/her status is considered as NRI. In the following scenario what will be my status ?
I came in USA for 3 months (from 12th feb 2008 to 10th may 2008) on business visa and now I came again on L1 visa and I landed here on 3rd of October 2008. Now if I consider only L1 stay then I have 179 days out side India in a FY, but if I consider my business trip also then I have 218 days out side India. So I am confused whether I am a resident or a NRI.
Rajen