Foreign income received in India during the previous year is taxable in the case of ________.Select one:a.Non residentb.residentc.not ordinarily residentd. all of the above

Mr. Ramesh, a citizen of India, is employed in the Indian embassy in Australia. He is anon-resident for A.Y. 2023-24. He received salary and allowances in Australia from theGovernment of India for the year ended 31.03.2023 for services rendered by him inAustralia. In addition, he was allowed perquisites by the Government. Which of thefollowing statements are correct?(a) Salary, allowances and perquisites received outside India are not taxable in thehands of Mr. Ramesh, since he is non-resident.(b) Salary, allowances and perquisites received outside India by Mr. Ramesh aretaxable in India since they are deemed to accrue or arise in India.(c) Salary received by Mr. Ramesh is taxable in India but allowances and perquisitesare exempt.(d) Salary received by Mr. Ramesh is exempt in India but allowances and perquisitesare taxable

Which of the following is not considered as Normal Resident of India?(a) Student of Class XII who went to US for higher education.(b) An American working in India for a period of more than 2 years.(c) Branch of State Bank of India in USA.(d) Indian diplomats in Canada for a summit

Which of the following is not a resident for the purpose of estimating national income?(a) World Health Organisation located in India.(b) An Indian employed in World Health Organisation located in India.(c) Indian working in USA embassy in India.(d) An American tourist staying in India

The Income Tax Act in India was enacted in:Answer area1951196119711981

If an amount is ordinary income to a recipient, which of the following is the most correct:Question 10Answera.It may also be included in the recipient’s assessable income via a statutory income provision.b.If it is also included in the recipient’s assessable income via a statutory income provision then generally the statutory income provision will prevail.c.It may also be included in the recipient’s assessable income via a statutory income provision but the rules about ordinary income will prevail.d.It will never be foreign source income.