UrbanPro

Location Set your Location

Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take BBA Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

BBA Tuition > Learn BBA Tuition > Can you explain sec 6 sub sec 6 part a, b from indirect...
✕

Search in

Can you explain sec 6 sub sec 6 part a, b from indirect and direct tax chapter no 3.

Asked by Last Modified  

7 Answers

Learn BBA Tuition +1 Taxation

Follow 0
Answer

Please enter your answer

Tax Consultant

Indirect tax contain many acts those are service tax exercise customs among which chapter.
Comments
Dislike Bookmark

Chartered Accountant

In Income Tax Act1961 , in order to compute tax liability of any person firstly we need to determine the persons Residential status for that previous year under section 6 For Residence in India: person need to satisfy any one of the basic condition: 1. He/ she is in india for 182 days or more in previous...
read more
In Income Tax Act1961 , in order to compute tax liability of any person firstly we need to determine the persons Residential status for that previous year under section 6 For Residence in India: person need to satisfy any one of the basic condition: 1. He/ she is in india for 182 days or more in previous year. 2. he /she is in India for 60 days or more in Previous year and 365 days or more during the 4 years Immediately preceding to the previous year. But there are some exception to the 2 nd condition. in which 60days will substitute with 182 days . These exceptions are as follows: 1. An Indian CItizen who leaves india for the purpose of employment outside india. 2.As a member of the crew of an Indian Ship 3. A person of an Indian Origin. read less
Comments
Dislike Bookmark

Economics

In simple direct tax means direct tax pay to government but in indirect tax public will pay tax indirectly. Example: Value added tax, house tax etc.direct taxes are different tax amount pay by people.
Comments
Dislike Bookmark
For the computation of tax liability of an individual, H.U.F, LLP, firm, every other person, their residential status has to be ascertained in the first instance section-6 (1) deals with the basic conditions either one of which is to be satisfied to be a resident. Section-6- (6)- (a) deals with additional...
read more
For the computation of tax liability of an individual, H.U.F, LLP, firm, every other person, their residential status has to be ascertained in the first instance section-6 (1) deals with the basic conditions either one of which is to be satisfied to be a resident. Section-6- (6)- (a) deals with additional conditions to be satisfied by an individual to be resident and ordinarily resident failing one of the condition makes an individual resident but not ordinarily resident. Additional conditions section 6 (6) a (i)resident in India for 9 out of the preceding 10 previous years. (ii)physically present in India for atleas 730daysduring the 7preceding previous years read less
Comments
Dislike Bookmark

B.COM . CA Final pursuing

Residence in India. 90 6. For the purposes of this Act,- An individual is said to be resident in India in any previous year, if he (a) is in India in that year for a period or periods amounting in all to one hundred and eighty-two days or more or (b) having within the four years preceding that year...
read more
Residence in India. 90 6. For the purposes of this Act,- An individual is said to be resident in India in any previous year, if he (a) is in India in that year for a period or periods amounting in all to one hundred and eighty-two days or more or (b) having within the four years preceding that year been in India for a period or periods amounting in all to three hundred and sixty-five days or more, is in India for a period or periods amounting in all to sixty days or more in that year. A person is said to be "not ordinarily resident" in India in any previous year if such person is— (a) an individual who has been a non-resident in India in nine out of the ten previous years preceding that year, or (b) has during the seven previous years preceding that year been in India for a period of, or periods amounting in all to, seven hundred and twenty-nine days or less or (c) a Hindu undivided family whose manager has been a non-resident in India in nine out of the ten previous years preceding that year, or has during the seven previous years preceding that year been in India for a period of, or periods amounting in all to, seven hundred and twenty-nine days or less read less
Comments
Dislike Bookmark

B.COM . CA Final pursuing

Residence in India. 90 6. For the purposes of this Act,— An individual is said to be resident in India in any previous year, if he (a) is in India in that year for a period or periods amounting in all to one hundred and eighty-two days or more ; or (b) having within the four years preceding that year...
read more
Residence in India. 90 6. For the purposes of this Act,— An individual is said to be resident in India in any previous year, if he (a) is in India in that year for a period or periods amounting in all to one hundred and eighty-two days or more ; or (b) having within the four years preceding that year been in India for a period or periods amounting in all to three hundred and sixty-five days or more, is in India for a period or periods amounting in all to sixty days or more in that year. A person is said to be "not ordinarily resident" in India in any previous year if such person is— (a) an individual who has been a non-resident in India in nine out of the ten previous years preceding that year, or (b) has during the seven previous years preceding that year been in India for a period of, or periods amounting in all to, seven hundred and twenty-nine days or less or (c) a Hindu undivided family whose manager has been a non-resident in India in nine out of the ten previous years preceding that year, or has during the seven previous years preceding that year been in India for a period of, or periods amounting in all to, seven hundred and twenty-nine days or less. read less
Comments
Dislike Bookmark

As per income tax 1995 ,Under sec 6, s residence in India for the purpose, subsection 6 ,a person is said to be "not ordinarily resident" in India in any previous year if such person (a)- an individual who has not been resident in India in 9/10 years been in proceeding that year or has not during the...
read more
As per income tax 1995 ,Under sec 6, s residence in India for the purpose, subsection 6 ,a person is said to be "not ordinarily resident" in India in any previous year if such person (a)- an individual who has not been resident in India in 9/10 years been in proceeding that year or has not during the 7 previous years preceding that years ,730 days or more. (B)- Hindu undivided family whose manager has not been in India in 9/10 yrs preceding that year or has not during the 7 previous yrs preceding that years. 730 days or more. read less
Comments
Dislike Bookmark

View 5 more Answers

Related Questions

What are top BBA colleges in India?
Indian Institute of Management (IIM), Indore Indian Institute of Management (IIM), Indore 120 IPM Aptitude Test Shaheed Sukhdev College of Business Studies, Delhi Delhi University 185 DU JAT Keshav...
Vikas
0 0
5
I have completed my graduation BBM (Finance) in 2016 July. Since july I was tried many bank exams but non of them was cleared now what I should do?
Hi, Realising at an early stage of you want to quit from writing Bank examinations is good to some extent. But you didn't mentioned how many times you had written the bank Exams.Try again with your full...
Akash
Give a brief account of the famous case –Harvey Vs Facey.
This is the case of Contract act which specifies as to what constitutes an offer.The case involved negotiations over a property in Jamaica. The defendant, Mr LM Facey, had been carrying on negotiations...
Aman
0 0
7
i want to convert my family run business into professional for that i need a help as well as advice and guidence.
Whether your business is already registered as HUF (Family run business).Planning is needed how to expand your business along with costing calculations like Raw materials,Work in progress or if it retail...
Ujjwal
HOW TO LEARN ENGLISH IN 90 DAYS
Here are 5 tips, 5 ways to get better at English in 90 days (even less, if you practice the tips daily) and speak it the way you always dreamed about: 1)The habit of reading helped me talk better in English...
Ravi

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Meaning of Accounting
MEANING: The process of accounting starts with identifying transactions and events of a financial character and recording them in books of accounts; this will be done in primary books(Journal). After the...

Praveen Kumar Urimi

0 0
0
Keep the habit of quick notes while reading
Keep the habit of quick notes while reading

Krishna Chaitanya

0 0
0
Effective tips to crack exams.
Genral Points Pick the right Study Environment- Quiet, Comfortable, and Relaxed Collaborate with study patners. Retain and Test yourself. Presentation. Come out of Exam Fear Avoid...

Rishabh Pandey

0 0
0
Is accountancy science and art? Explain ?
Is accountancy science and art?:--Accountancy plays a very important role in these days of growing commercial and trade. Frequently various laws and Acts like—Company’s Act, M.R.T.P. Act are...
K

Kousiki Chakraborty

1 0
0
Rank test
Rank Sum Test: The medians test and the examination of the math test scores in Section reduce every observation of a coin toss. Specifically, the medians test judges every observation as being either above...

Manibhushan K.

0 0
0

Recommended Articles

The Trend of E-learning and it’s Benefits

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

The Rising Problems in Indian Government School

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

Top Benefits of e-Learning

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

Science, Arts Or Commerce - Which One To Go For?

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Find BBA Tuition near you
BBA Tuition in Delhi
BBA Tuition in Bangalore
BBA Tuition in Hyderabad
BBA Tuition in Mumbai
BBA Tuition in Pune
BBA Tuition in Chennai
BBA Tuition in Kolkata
BBA Tuition in Gurgaon
BBA Tuition in Ghaziabad
BBA Tuition in Noida

Looking for BBA Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BBA Tuition Classes?

The best tutors for BBA Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BBA Tuition with the Best Tutors

The best Tutors for BBA Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2024All Rights Reserved