Residence and Scope of Total Income MCQ | 50 Free MCQs
11. Infaurge Ltd. Is an Indian company whose entire control and management of its affairs is situated outside India. Infaurge shall be:
a) Resident in India
b) Non-resident in India
c) Not ordinarily resident in India
d) None of these
12. Success Ltd. Is registered in the U.K. The control and management of its affairs is situated in India. Success Ltd. shall be :
a) Resident in India
b) Non-resident
c) Not ordinarily resident in India
d) None of these
13. Manoj a foreign national visited India during the previous year 2018-19 for 150 days. Earlier to this he never visited India. Manoj in this case shall be:
a) Resident in India
b) Non-resident
c) Not ordinarily resident in India
d) None of these
14. Raja a foreign national but a person of Indian origin visited India during previous year 2018-19 for 181 days. During 4 preceding previous years he was in India for 365 days. Raja shall be:
a) Resident in India
b) Non-resident in India
c) Not-ordinarily resident in India
d) None of the above
15. If an individual satisfies any of the basic conditions and satisfies only one additional condition, then also he shall be considered as ………………
a) R & OR
b) Non-Resident
c) R but NOR
d) None of the above
16. Special individuals would become non-resident if their stay in India during the previous year is ……………
a) Equal to 182 days
b) Less than 182 days
c) More than 182 days
d) None of the above
17. Dividend received from a foreign company in London, taxable in case of following individuals …………..
a) R & OR
b) R but NOR
c) Non-Resident
d) All of the above
18. Fees for technical services rendered in India but received in London, taxable in case of …………..
a) R but NOR
b) R & OR
c) Non-Resident
d) All of the above
19. In the case of the following individuals, global income is taxable ……………….
a) R & OR
b) R but NOR
c) NR
d) None of the above
20. Residential status of the assessee depends on the ……………. of the assessee in …………… during the previous year.
a. Stay, Mumbai
b. Non-Stay, India
c) Stay, India
d) None of the above
| Answers: 11)Resident in India 12)Resident in India 13)Non-resident 14)Non-resident in India 15)R but NOR 16)Less than 182 days 17)R & OR 18)All of the above 19)R & OR 20)Stay, India |
