Accountancy MCQs

Taxation - Income Tax Questions with solutions MCQs

1. Income which accrue or arise outside India & also received outside India is taxable in case of:

A

Resident and Ordinary Resident

B

Resident but not Ordinary Resident

C

Non Resident

D

Resident and Ordinary Resident and Resident but not Ordinary Resident

Taxation - Income Tax Account Ast. 2024
Correct Answer : A
Explanation :

Income accruing and received outside India is taxable only in case of Resident and Ordinary Resident.

Correct Answered :

Wrong Answered :

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