Who is a Resident and Ordinarily Resident (ROR)?

Asked by Last Modified  

3 Answers

Follow 0
Answer

Please enter your answer

Accounts Expertise

Resident 1.182 days or more OR 2.preceding years 365 days or 60 days stay in India ROR is 9/ 10 stay in India OR 7years preceding stay 729 days more or less
Comments

Accounting And Maths Teacher

the person who satisfied either of the basic conditions u/s 6(1) and both of the additional conditions u/s 6(6).
Comments

Accounts professional trainer with more than 10 years if experience in teaching & corporate finance

An individual is said to a Resident in India if he either stays in India for a period of 182 days or more in a financial year or he is in India for 60 days or more in that financial year and has been in India for 365 days or more during 4 previous years immediately preceding the relevant financial year....
read more
An individual is said to a Resident in India if he either stays in India for a period of 182 days or more in a financial year or he is in India for 60 days or more in that financial year and has been in India for 365 days or more during 4 previous years immediately preceding the relevant financial year. A Resident and Ordinarily Resident (ROR) is an individual who has not been a non-resident in 9 out of 10 years immediately preceding the financial year and who has been in India for a period of more than 729 days in 7 previous years immediately preceding the financial years. read less
Comments

View 1 more Answers

Related Questions

How to crack the CA Intermediate exam?
1.Plan your Time Table and stick to it 2.Make sure you will study at least 3 subjects a day. 3 . Don't think you can do revision at the end or during last 15 days of your exam, revise every weekend. 4....
Profile Photo
Sunita
What is the best institute to pursue CA program?
Professional Careers Academy in Chandigarh with more than 85% result. It's best in region. Warm regards, Team PCA
Profile Photo
Nish
What are the different ca exams in india
There is only one institute. The name is institute of chartered accountants India ICAI. Three levels of exam entrance - cpt Next level - ipcc And then CA final If you are appearing after graduation then you can give directly ipcc.
Profile Photo
Dinesh
0 0
View Comments9
When is the right time to join coaching for CA-CPT preparation?
Normally, most students start preparing after their class XII exams. But if you are focused and sure that you want to join the CA course after class XII, then the right time is to join after you reach class XI or at most class XII
Profile Photo
Manshi

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

Ask a Question

Related Lessons

Cash flow management : Inventory
Preparing and following short term and long term cash budget, is an excellent tool for cash control. Getting maximum benefits of all of the resources is very important for an entrepreneur. Cash budget...
Profile Photo

How To Remove Over Dependency On USD?
It is highly difficult for a country like India to have its over dependency on USD. It is the right time to come out of USD transactions during business dealings with other countries. Dollar enjoys world's...
Profile Photo

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...
Profile Photo

Proposed 18% GST Rate To Not Impact Home Prices.
While a final decision on the rates is yet to be taken, the rating agency said the final rates to be notified would be the key determinant of the impact of GST on the sector New Delhi: The proposed...
Profile Photo

USERS OF FINANCIAL STATEMENTS
Accounting is the language of business. The objective of such language is to communicate information which is useful for varied category of people. Collectively we call them as “Users of financial...
Profile Photo

Recommended Articles

Well reaching the CA articleship places you at the last but one final step of becoming a professional CA practitioner. So, going wrong is not even in your list and with this article we will show you broader ways on how you can make the CA articleship a learning procedure. Its true, that no other academic course usually...

Read full article >

Well, students aim to be Chartered Accountant (CA) looking at the success of T.N.Manoharan, Kumar Mangalam Birla but many a times their plan fails due to lack of planning or guidance. Number of online portals list out the steps to become a CA with the aim to promote their own business. Here, UrbanPro experts list the easiest,...

Read full article >

"From the Balance sheet of humanity, to the Profit & Loss account of emotions, I am all in good books. I am a Chartered Accountant". Millions of people in our country dream to become a CA because it is one of the most reverential, on demand and best-paid jobs in India. As per the PayScale, Inc., “The regular salary...

Read full article >

Have you ever earned something without you having to work for it? No, “Nothing worth having comes easy”, the quote ideally fits in this competition era as everything you acquire is through a competition. Truth be told, competition in the market is increasing dramatically where the difficulty level of the examinations are...

Read full article >

Looking for CA Coaching classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you