The following income of Ms. Nargis who is a non-resident shall be included in her total income: (i) Salary for 2 months received in Delhi ₹40,000. (ii) Interest on Savings Bank Account in Mumbai ₹2,100. (iii) Agricultura

CS Executive · Tax Laws and Practice · PYQS · June 2018
The following income of Ms. Nargis who is a non-resident shall be included in her total income: (i) Salary for 2 months received in Delhi ₹40,000. (ii) Interest on Savings Bank Account in Mumbai ₹2,100. (iii) Agricultural income in Bangladesh and Invested in shares in Bangladesh. (iv) Amount brought into India out of past non-taxed profits earned in USA. Which of the above are included?
(A) (i), (iii) and (iv)
(B) (i) and (ii)
(C) (i), (ii) and (iv)
(D) All the four above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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