Q Income which accrue or arise outside India & also received outside India is taxable in case of:


A. Resident and Ordinary Resident
B. Resident but not Ordinary Resident
C. Non Resident
D. Resident and Ordinary Resident and Resident but not Ordinary Resident

Correct Answer: A

Explanation:
Income accruing and received outside India is taxable only in case of Resident and Ordinary Resident.

Taxation - Income Tax Account Ast. 2024 Report Error

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