Direct tax

Individuals and HUF can be classified into _____ categories.

• Two

• Three

• Four

• Ficw

A firm an A.O.P a Joint Stock Company or every other person can be classified into ____ categories

• Two

• Three

• Four

• Five

An assessee can be resudebt at the same time for tax purpose in _____ countries

• Two

• Three

• Four

• Any unmber of countires

An Indian company always

• Resident

• Resident but not ordinarily Resident

• Either A or B

• Non-Resident

The scope of the total income of an assessee depends upon

• His residential status

• The place of accrual of Income

• The time of accrual of Income

• All of the above

A company is non-resident if

• Control and management is wholly outside India

• Control and management is partially outside India

• Control and managment is partially in India

• Control and management is within India

Past untaxed profit brought to India is fully exempted in the hands of

• Resident Assessees

• Resident but not ordinarily resdisent assessees

• Non Resident

• All of the above

Under the Income tax act, the incidence of taxation depends on

• The citizenship of the tax payer

• The resident status of the tax payer

• The age of the tax payer

• The community of the tax payer

Income which accrue or arise outside India but received directly in India are taxable in case of

• Resident and ordinary resident

• Resident but not ordinarliy Resident

• Non-Resident

• All of the above

Income from a business in Singapore, controlled from Singapore is taxable in case of

• Resident and ordinarily resident

• Resident but not ordinarily Resident

• Non-Resident

• All of the above