Following are the income of Sudha for the Previous Year 2021-22: (i) Dividend from foreign company received in Tokyo ₹96,000 (ii) Profit earned from business in Indonesia which is controlled in India, ₹6 lakhs, 3/4th of
CS Executive · Tax Laws · PYQS · June 2022
Following are the income of Sudha for the Previous Year 2021-22: (i) Dividend from foreign company received in Tokyo ₹96,000 (ii) Profit earned from business in Indonesia which is controlled in India, ₹6 lakhs, 3/4th of the profit is received in India (iii) Fees from technical services received in India for technical services provided to run a business outside India of ₹9 lakhs (iv) Profit not taxed previously brought into India ₹2 lakhs What is the gross total income of Sudha, if she is an ordinary resident and not ordinary Resident for the Assessment Year 2022-23? OR NOR
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax Act, 1961
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