Accountancy, asked by shwetamittal1313, 7 months ago

regard to residence.
com., 20
Numerical Questions :
1. Following are the particulars of the taxable incomes of Shri Krishan Prasad for
Rs.
the financial year 2019-20.
(i) Income from property in Denmark.
1,00,000
(ü) Salary received in India for the services rendered
in Japan. (computed)
1,50,000
(ii) Profit from a business situated in Singapore.
It is controlled from India.
2,50,000
(iv) Salary received in Canada for the services rendered
in India. (Computed)
50,000
(v) Past untaxed foreign income brought into India
during the previous year.
20,000
(vi) Royalty received in Singapore from Govt. of India
80,000
(vii) Income from Agriculture in England which is spent
there for the education of his children.
60,000
(viii) Profits on sale of Plant at London. 50% of such profits are
received in India
4,00,000
Determine the total income of Shri Krishan Prasad for the Assessment year
2020-21, if he is -
(a) Resident (b) Not ordinarily Resident or (c) Non-resident. [RU. B.Com., 2018]
Ans.-(A) Rs. 10,90,000 (B) Rs. 7,30,000 (C) Rs. 4,80,000.​

Answers

Answered by Anonymous
0

Answer:

the regardable Ben

Explanation:

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