Question

What will be the gross total income of Mr Asish who earns Rs200000/- as rent from
house property in Chennai, Rs100000/- as interest on Debentures of Relaince Power
Ltd, Rs150000/- Dividends received from shares in foreign company, Rs600000/-
worth Salary received from the foreign company in Britain, if he stays for only 60
days in India in the previous year
a) Rs 1050000/-
b) Rs 750000/-
c) Rs 300000/-
Answer: c) Rs300000/- Mr Ashish is Non Resident of India as he stays only
for 60 days in the previous year, so his taxable income in India will be only
Indian Income and foreign Income will be taxed in foreign country.​

Answer 1

Answer:

Step-by-step explanation:

18 hours ago — Ltd, Rs150000/- Dividends received from shares in foreign company, Rs600000/- worth Salary received from the foreign company in Britain, if he ...