In the case of a non-resident, which of the following income is not taxable in his hand :

CS Executive · Tax Laws and Practice · PYQS · June 2019
In the case of a non-resident, which of the following income is not taxable in his hand :
(A) Interest received from Government of India
(B) Capital gain on transfer of capital assets situated in India
(C) Interest received from a person resident in India on money borrowed and used outside India for carrying a business
(D) Royalty received from a person resident in India for the patent rights used in India

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act, 1961

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