The incidence of tax on income under the Act is linked with residential status of an assessee. Ram, an individual brought into India during the previous year 2019-20 past untaxed profits of ₹2,00,000 of the business in U

Official answer key: (C). Official source note: The incidence of tax on income under the Act is linked with residential status of an assessee. Ram, an individual brought into India during the previous year 2019-20 past untaxed profits of ₹ 2,00,000 of the business in UK. State in which case amount of ₹ 2,00,000 brought into India be put to tax in A.Y. 2020-21 when Ram is (a) Resident and Ordinary resident (R&OR); (b) Resident and not Ordinary resident (R&NOR) and (c) Non-Resident (NR). (A) Taxable in case of R&OR and R&NOR (B) Taxable in case of R&OR and Non Resident (C) Not taxable in all R∨ R&NOR and Non-Resident (D) Taxable in all R∨ R&NOR and Non-Resident