Income earned and received outside India but later on remitted to India (whether tax incidence arises at the time of remittance) is taxable in case of:
CS Executive · Tax Laws · PYQS · December 2024
Income earned and received outside India but later on remitted to India (whether tax incidence arises at the time of remittance) is taxable in case of:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A), (D). Official source note: Option D is correct. However, Option A may also be considered as correct in case Income earned and received in current previous year and remitted to India also in current previous year.
Topics: Income Tax Act
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