hitechpathshala

Q. 1

A company would be a resident in India for the P.Y. 2023-24, if

it is an Indian company

during the year, majority of its directors are resident in India

during the year, its Place of Effective Management is in India

both (a) and (c)

Q. 2

Income accruing in London and received there is taxable in India in the case of-

resident and ordinarily resident only

both resident and ordinarily resident and resident but not ordinarily resident

both resident and non-resident

non-resident

Q. 3

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

resident and ordinarily resident only

both resident and ordinarily resident and resident but not ordinarily resident

non-resident

All the above

Q. 4

. Income earned from a contract negotiated by an agent in India in the name of a non-resident but approved by such non-resident shall:

be taxable in India as such income is deemed to accrue or arise in India

not be taxable in India as there is no business connection in India

be taxable in India only if it is received in India

none

Q. 5

Fees for technical services paid by the Central Government will be taxable in case of –

resident and ordinarily resident only

both resident and ordinarily resident and resident but not ordinarily resident

non-resident

All the above

Q. 6

. Short term capital gains on sale of shares of an Indian company received in Australia is taxable in case of –

resident and ordinarily resident only

both resident and ordinarily resident and resident but not ordinarily resident

non-resident only

All the above

Q. 7

. Income from a business in Canada, controlled from Canada is taxable in case of –

resident and ordinarily resident only

both resident and ordinarily resident and resident but not ordinarily resident

non-resident

All the above

Q. 8

Dividend Income from Australian company received in Australia in the year 2019, brought to India during the previous year 2022-23 is taxable in case of –

resident and ordinarily resident only

resident but not ordinarily resident

non-resident

None of the above

Q. 9

Total income is based on / Total income varies according to

Residential status of assessee

Citizenship of assessee

Both a and b

None of the above

Q. 10

……………..is determined for each category of persons separately

Residential status

Citizenship

Origin ship

All of the above

TAX CHAPTER 2

Marks: 10