Pankaj Kumar, a citizen of India having salaried employment received amount of ₹42,725 from a Canadian Company credited in his bank account in Canada in March 2020. The amount of dividend of ₹42,725 was remitted to India
CS Executive · Tax Laws · PYQS · December 2021
Pankaj Kumar, a citizen of India having salaried employment received amount of ₹42,725 from a Canadian Company credited in his bank account in Canada in March 2020. The amount of dividend of ₹42,725 was remitted to India during the month of February, 2021. The amount of dividend so received shall be taxable in A.Y. 2021-22 when the residential status of Pankaj Kumar is:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax Act, 1961
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