Incidence of tax

Under the income- tax act, the incidence of taxation depends on......................

• the citizenship of the tax-payer

• the age of the taxpayer

• the residential status of the tax-payer

• the gender of the taxpayer

Agricultural income in Pakistan is assessable for........................

• 
  resident

• not ordinarily resident

• non-resident

• not taxable

Which of the following incomes is not taxable for a non-resident in India?

• Income received in India

• Income accrued in India

• Income accrued outside India and received outside India

• Income deemed to accrue in India

Which of the following income is taxable in India irrespective of residential status?

• Income earned outside India

• Income received in India

• Income accrued outside India and received outside India

• None of the above

Mr. X is a non-resident. He earns interest from a bank in London, credited to his UK account. Is it taxable in India?

• Yes

• No

• Partially taxable

• None of these

Which of the following is an example of income deemed to accrue or arise in India?

• Rent received outside India for property located outside India

• Income from business controlled from outside India

• Salary paid in India for services rendered in India

• Interest received on foreign deposits

Income accrued outside India but received in India is taxable for:

• Resident only

• Not ordinary resident

• Non-resident only

• All assessees

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

• Resident

• Not ordinarily 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

Income from house property in trichy received in kolkata-4000, taxable for

• Resident

• Not ordinarily resident

• Non resident

• All of the above