Residence and Scope of Total Income MCQ | 50 Free MCQs
Residence and Scope of Total Income MCQ
1. Income deemed to accrue or arise in India is taxable is case of:
a) Resident only
b) Both R & OR and R but NOR
c) Non-resident
d) All of the above
2. Income which accrues or arise outside India and is also received outside India is taxable in case of :
a) Resident only
b) Not ordinary resident only
c) Both R & OR and R but NOR
d) None of the above
3. Income which accrues outside India from a business controlled from India is taxable in case of :
a) Resident only
b) Not ordinary resident
c) Both R & OR and R but NOR
d) None of the above
4. Residential status is determined based on nos. of days stay in :
a) Previous year
b) Assessment year
c) Accounting year
d) None of these
5. Total Income of a person is determined on the basis of :
a) Residential status in India
b) Citizenship in India
c) None of the above
d) Both of the above
6. Infourge Ltd. is registered in London the control and management of its affairs are situated in India Infourge Ltd. shall be :
a) Resident only
b) Both ordinarily resident and NOR
c) Not ordinarily resident in India
d) None of the above
7. Incomes which accrue or arise outside India but are received directly into India are taxable for case of:
a) Resident only
b) Both ordinary resident and NOR
c) Non-resident
d) All the assesses
8. Success Ltd. is an Indian company whose entire control and management of its affairs is situated outside India success Ltd is :
a) Resident in India
b) Non-resident in India
c) Not ordinarily resident in India
d) None of these
9. Martin Crow a foreign national visited India during the previous year for 180 days. Earlier to this he never visited India. Martin Crow in this case shall be:
a) Resident in India
b) Non-resident
c) Not ordinarily resident in India
d) None of these
10. Residential status is to be determined for :
a) Previous year
b) Assessment year
c) Accounting year
d) None of these
| Answers: 1)All of the above 2)Resident only 3)Both R & OR and R but NOR 4)Previous year 5)Residential status in India 6)Resident only 7)All the assesses 8)Resident in India 9)Non-resident 10)Previous year |
