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Residential Status
Direct Taxation
answered on 30-Apr-22 17:54
An Indian citizen who stayed 160 days in India , goes outside India for the purpose of employment and earned an income of 18lacs (excluding income from foreign sources). What is the residential Status of him?
latest answer
An individual, being a citizen of India, having total income, other than the income from foreign sources > 15 lakhs during the previous year shall be deemed to be resident in India in that previous year, if he is not liable to tax in any other country or territory by reason of his domicile or residence or any other criteria of similar nature. A citizen of India who is deemed to be resident in India under 6 (1A) is resident not ordinarily resident
Nirmal Pauly
CA Final
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Common query
Accountancy
answered on 03-May-22 10:09
Self balancing lwdger is in portions or not?
latest answer
Not there
Siva Balan
CA Final
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445
Accounts of Companies
Corporate & Other Laws
answered on 02-May-22 20:41
Are we laying the financial statements which are signed and audited in the AGM? Or is it after the AGM the financial statements signed ?
latest answer
Clear Mam Thankyou !
R M
ACCA Professional
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Mcq
Information Systems
answered on 30-Apr-22 22:52
Which is answer for this and explain
latest answer
C as diversification is one of growth strategy
Sathiya Bama
CA Final
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502
National income
Economics
answered on 01-May-22 05:16
Plz tell me ans of this ques
latest answer
Ohk
Shilpi Sahni
CA Inter
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12
417
EXPLAIN
Direct Taxation
answered on 30-Apr-22 14:09
CAN ANYONE EXPLAIN THIS AMENDMENT??
latest answer
TQ MAM
Disa Selvam
CA Inter
★ 9K+
2
443
National Income Accounting
Economics
answered on 30-Apr-22 10:31
I) Consumption of Fixed Capital is depreciation. Am I right? II)What does net domestic capital formation means?
latest answer
Okayâ?¦Thank you
Swetha S
CA Inter
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4
534
What should enough for exam point of view
Others
answered on 30-Apr-22 07:45
Does questions given in icai models..i.e test your knowledge questions and examples illustration is enough?? For exam..
latest answer
If you have completed all the sums solve the difficult sums again. It gives you more confidence.
Madhu Reddy
CA Inter
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4
453
Exam
Direct Taxation
answered on 30-Apr-22 03:20
Can we use short forms of words in exam?
latest answer
No
Sumita Shah
CA Inter
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4
429
Clubbing
Direct Taxation
answered on 30-Apr-22 14:05
Can someone please explain how the answer for the question is option B ?
latest answer
No bro , the interest earned 30000 clubbed into pankaj income in the year of investment and income from that interest amount(accretion) is taxable , So Option B correct bro
Sundar Rajan
CA Inter
★ 85
6
468