Dividend income from England company received in England in the year 2019, brought to India during the previous year 2020-21 is taxable in the A.Y. 2021-22 in case of:

CS Executive · Tax Laws and Practice · PYQS · June 2021
Dividend income from England company received in England in the year 2019, brought to India during the previous year 2020-21 is taxable in the A.Y. 2021-22 in case of:
(A) Resident and ordinarily resident only
(B) Both resident & ordinarily resident and resident not ordinarily resident
(C) Non-resident
(D) None of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

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