Income of a non-resident from shipping business in India is computed at the rate of —

CS Executive · Tax Laws and Practice · PYQS · December 2016
Income of a non-resident from shipping business in India is computed at the rate of —
(A) 5%
(B) 7.5%
(C) 10%
(D) 30%.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

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