Question No.4
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Compute the amount of tax liability if half of the amount is received by a non-resident individual in India out of the Profits of Rs. 5,00,000 earned from a business activity in UK which is
controlled and managed by an entity in India.
@)Rs. 5,00,000
B) nil
c) Rs. 3,00,000
d) Rs. 2,00.000
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Answer:
I think may be 3,00,000 or 2,00,000
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