Abhay earns the following income during the previous year ended 31st March 2021: 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) Income liable to tax for the AY 2021-22 if Abhay is resident and not ordinarily resident in India, is:

Question:Abhay earns the following income during the previous year ended 31st March 2021: 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) Income liable to tax for the AY 2021-22 if Abhay is resident and not ordinarily resident in India, is:

1.₹ 2,50,000

2.₹ 4,00,000

3. ₹ 2,00,000

4. ₹ 50,000


Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!