HC expains when an individual or a HUF can be treated as ‘not ordinarily resident’ in India

Pr. CIT Vs Binod Kumar Singh (Bombay High Court) 1. These appeals involve the same assessee and involve identical issues. For convenience, we may refer facts from Income Tax Appeal No. 107 of 2017. 2. This appeal is filed by the Revenue to challenge the judgment of the Income Tax Appellate Tribunal, Mumbai (“the Tribunal” for short) dated 18.12.2015. Following questions are presented for our consideration:- (a) Whether on the facts and in the circumstances of the case and in law, the Tribunal was correct in holding that the assessee was not an ordinary resident without appreciatin...