CS Executive Tax Laws MCQs on Scope of Total Income asked by ICSI in Previous Exams

CS Executive Tax Laws MCQs on Scope of Total Income asked by ICSI in Previous Exams


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Income of non-resident, when attributed from operations in India relating to the following, is taxable in India:

(1) Profits of business
(2) Fee for technical services
(3) Royalty
(4) Income from house property in India

Select the correct answer from the options given below:

Mr. Deep Gyan brought into India, in the previous year, past untaxed income which was earned in the UK The income will be taxable if Satish is:

Abhay earns the following income during the previous year:

Interest on UK Development Bonds: ₹ 2,00,000 (1 /4th being received in India)
Profits on sale of a building in India: ₹ 2,00,000 (Received in Holland).

Find out Income liable to tax if Abhay is resident and not ordinarily resident in India, is:

When a capital asset located in India is sold by a non-resident to another non-resident at a place outside India, the capital gain is taxable:

Deep Gyan Inc. of Australia borrowed money from various companies in Australia for doing business in India by the name Deep Co. Ltd., Mumbai. Deep Gyan Inc.paid interest of ₹ 500 lakhs (converted) to various lenders. The amount of interest paid:

In the case of an individual who is not ordinarily resident the following income is chargeable to tax:

The following income of Mr. Deep Gyan who is a non-resident shall be included in his total income:

(i) Salary for 2 months received in Delhi ₹ 40,000.
(ii) Interest in Savings Bank Account in Mumbai ₹ 2,100.
(iii) Agricultural income in Bangladesh and Invested in shares in Bangladesh.
(iv) Amount brought into India out of past non-taxed profits earned in the USA.

Select the correct answer from the options given below:

In the case of an individual who is not an ordinarily resident in India, the income chargeable to tax in India out of the following shall be:

Agriculture income from outside India is taxable in India in the hands of

In the case of a non-resident, which of the following income is not taxable in his hand:

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