Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RNOR statements confusing..
by Vishal Bhargava on Oct 27, 2005 11:37 AM

Hi!

I am confused by your description of an RNOR..

The two statements

If he is a resident for the PY 2005-06, we need to ascertain whether he was a resident in any two of the PYs 1995-96 to 2004-05.If no, he is a RNOR.

and

You can plan your residential status. For instance, it is also possible to plan your status as RNOR for eight continuous years by ensuring that you are a NRI for two consecutive years

They seem to be contradictory..

In my case, I was an NRI for 5 straight years.. but have now come back to india. I would be a resident in the next financial year. But as I have spent atleast 2 years being a resident in India in the last 10 years, I wouldn\'t be an RNOR, or would I be an RNOR given that I have been an NRI atleast for 2 years out of the last 10 years.. ?

Please clarify..

Thanks,
Vishal

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Are you an NRI?