An Indian Company, where place of effective management is outside India, shall be:

Related MCQs

• Dividend received by a shareholder of an Indian Company engaged in growing and manufacturing of tea shall be treated as:
• Income from farm house outside India is:
• A house property located outside India is:
• In the case of a domestic company (turnover/gross receipts Rs. 70 crores), the basic rate of income-tax applicable for computing as per normal provisions would be ________, when the turnover of the company has been Rs. 45 crores in the previous year relevant to the assessment year 2017-18. (Note: Ignore surcharge, education cess, etc.)
• Manoj,a resident, employed in ABC Ltd., an Indian company, has gross annual salary income of Rs. 20,60,000. The standard deduction available under section 16(1) would be _________ .
• Ramesh Tea Ltd., acquired a motor car for Rs. 6,20,000 on 30.08.2018. The company is engaged in manufacture of tea in India. The amount of depreciation allowable on such motor car would be __________.
• Mr. Hari resident in India received Rs. 11 lakhs by way of dividend from Indian companies. Such dividend is:
• An Indian citizen leaving India during the previous year for employment purpose is said to be resident if
• As per section 271H, where a person fails to file the statement of tax deducted/collected at source i.e. TDS/TCS return on or before the due dates prescribed in this regard, then he shall be liable to pay penalty under section 271H. Maximum penalty that can be levied is ______.
• The payment under Bhopal Gas Leak Disaster shall be______