CA Inter May 24 Suggested Answers Q1c

In this video we will be solving Question 1(c) of CA Inter Exam May 24 Corporate Law Paper. #cainter #caintersuggestedanswers https://www.konceptca.com/blog/ca-int... Mr. L was employed as a fashion designer in Elegant Textile Ltd., a public limited company in Gurugram, India during the financial year 2023-24. He had efficiently provided his services for 183 days during the above said period. On 01.04.2024 Mr. H. the Human Resource Manager of Jeff Fashion Ltd., Paris (a foreign country) offered him a better employment opportunity in such company. On 02.04.2024, Mr. L left India for. taking up employment as a production controller at Jeff Fashion Ltd. in Paris. On 30.04.2024 he flew back to India for a 10 day family function in Manali, India. In light of the provisions of the Foreign Exchange Management Act, 1999 elucidate: The residential status of Mr. L - (i) On his return for attending the family function on 30.04.2024. (ii) In case, instead of vacation, he joins an employment in an Indian company after arriving on 30,04.2024. #caintermediate #caexams #icai #koncepteducation #konceptca.com