Question

2. Ram provides following details of income.
Calculate the income which is liable to be
taxed in India for the AY 2020-21 assuming
that he is not an ordinarily resident: (a)
Income from tea business in Nepal being
controlled from India Rs. 10.000 (b) Interest
on Company deposit in Canada ( one-third
received in India) (c) Profit for the year
2008-09 from a business in Tokyo remitted
to India Rs. 2,00,000. (d) Profit from a
business in Mumbai controlled from UK RS,
100,000. (e) Income from a property in
India but received in USA Rs. 45.000
R: 3,55,000
RS255,00​

Answer 1

Answer:

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