DHA 8
ACM 302/CLM305
Income Tax
(2020-21)
Following are the incomes of Shri Ram Prasad for the previous year 2019-2020:
Total (Rs.)
10.000
12.000
(1) Profit from business in Japan received in India
(2) Profit from business in Pakistan deposit in a bank there. This
business is controlled from India (60% income was brought to India)
(3) Profit from business in Indore (controlled by London head
omice. 509 received in London and 50% received in India
(14 Income was earned in America and received there, but 75%
portion was brought in India
5 Share of income as partner from Indian partnership firm
20.000
14.000
5.000
you are required to compute Gross Total income of Shri Ram Prasad for the
assessment year 2020-21 by assuming that he is (1) Resident (i) Not-ordinarily resident
and Names Identi
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Not-ordinarily resident
and Names Identi
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