State with brief reason, whether the following relate to tax planning, tax avoidance or tax evasion: Visiting a foreign country for certain number of days to reduce the number of days of stay in India.
CS Professional · Advanced Tax Laws and Practice · PYQS · June 2018
State with brief reason, whether the following relate to tax planning, tax avoidance or tax evasion: Visiting a foreign country for certain number of days to reduce the number of days of stay in India.
Answer & Explanation:
Visiting a foreign country to reduce the number of days of stay in India is a measure of Tax avoidance with regard to residential status, which may have impact on the taxability total income.
Topics: Income Tax Act, 1961
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