Incomes not actually received by the assessee during the relevant assessment year are also included in the total income as income deemed to have been received. Find which out of the following are the income deemed to hav

CS Executive · Tax Laws · PYQS · December 2020
Incomes not actually received by the assessee during the relevant assessment year are also included in the total income as income deemed to have been received. Find which out of the following are the income deemed to have been received as per Income Tax Act, 1961 during the financial year : (i) Amount of unrecorded investment (ii) All sums deducted by way of tax at source (iii) Any dividend declared by a company (iv) Transferred balance in Recognised PF
(A) (ii) & (iii)
(B) (i), (ii) & (iii)
(C) (i) & (iv)
(D) (i), (ii), (iii) & (iv)

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income from Other Sources / Basic Concepts

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