Scope of total income

Welcome to your CS Executive Income Tax MCQs - Scope of total income

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………………………………. deals with the scope of total income of a person.

Under Income Tax Act, 1961, scope of total income of a person depends upon

Income received or deemed to be received in India whether earned in India or elsewhere is taxable in India in case of …………………………

Income which accrues or arises or is deemed to accrue or arise in India during the previous year, whether received in India or elsewhere is taxable in India in case of …………………………

Income which accrues or arises outside India and received outside India from a business controlled from India is taxable in India in case of ……………………………….

Income which accrues or arises outside India and received outside India during the years preceding the previous year and remitted to India during the previous year is taxable in India in case of __________

Mr. Aallu works in USA. Every month he transfers Rs. 50,000 in India in the bank account of his father. Such amount is

Mr. Kachallu did job in India. After retirement he moved to USA permanently. Now his employer pays him pension in USA. Such pension

Mr. Nonu is an Indian government employee. He is posted in China for last 4 years. He receives salary in China. His salary

Dividend paid in China by an Indian Company to a resident of USA

Mr. Jonny, a non-resident, carrying on a business of readymade garments in Japan. He has an arrangement with a commission agent Mr. Aallu of Delhi to purchase readymade garments on his behalf and export to him. Income of Mr. Jonny related to such business is:

Mr. Jonny, a non-resident, carrying on a business of readymade garments in Japan. He had an arrangement with Mr. Kachallu of Delhi to keep and maintain stock of the said garments (purchased by Mr. Kachallu on behalf of Mr. Jonny) on his behalf and export to him from such stock when required. Income of Mr. Jonny as related to such business is:

Mr. John a non-resident owned a house property in Delhi. He let it out for a rent of Rs. 10,000 per month to Jonny, another non-resident. Jonny pays rent to John in USA. This rental income of Mr. John is

Income by way of interest payable by the Government to a non-resident is taxable in India

Income by way of interest payable by a person who is resident in India to a non-resident is taxable in India

Income by way of interest payable by a person who is non-resident in India to another non-resident is taxable in India

Income by way of fees for technical services payable by a person who is non-resident in India to an Indian resident is taxable in India

In case of non-residential individual, income from shooting of any cinematograph film in India

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