Part A – Chapter 2 – Residence and Scope of Total Income MCQs

HUF of Mr. Jamel consisting of himself, his wife & 2 sons is assessed to tax. Residential status of HUF as NR when-

If Karta is ROR in India but control & management of HUF is situated partly outside India in PY, HUF is-

Mr. Prabhat is Karta of HUF doing business at Pushkar. Mr. Prabhat is residing in France for past 10 years & visited India for 20 days every year for filing Income tax return of HUF. His 2 major sons take care of the day to day affairs of business in India. Residential status of HUF for AY 2022-2023 is-

A company is considered to be resident if-

A company incorporated outside India having its place of effective management fully situated in India in the previous year will be treated as-

PeeCee Ltd. is registered in Los Angeles & has head office in Los Angeles. Place of effective management of its business affairs is situated in India. PeeCee Ltd. shall be-

Alak Ltd. is registered in India but it has Place of effective management in China.
Deek Ltd. is registered in China but it has Place of effective management in India.

Ril Ltd. is an Indian company. It carries its business in Delhi & London. The Place of effective management of the company is situated in London. More than 85% of its business income is from the business in England. If so, its residential status will be-

Indian Income means –

Foreign Income means-

Income received in India during the previous year is taxable in the case of-

Foreign income received in India during the previous year is taxable in the case of –

Incomes which accrues in India but received outside India are taxable in case of-

Income which accrue or arise outside India & also received outside India is taxable in case of –

Income accruing in London & received there is taxable in India in the case of-

Income accruing from agriculture in a foreign country is taxable in India in case of an assesses who is-

Which Income is taxable in India to ROR Individual?

Which Income is taxable in India to RNOR Individual?

Income which accrue outside India from business controlled from India is not taxable in India in case of-

Which Income is taxable in India to NR Individual?

Income earned & received outside India but later on remitted to India, is taxable to-

James Bond a foreign national visited India during the previous year for 180 days. Earlier to this he never visited India. James Bond in this case shall be-

Chini, a Srilanka’s cricket player visits India for 102 days in every financial year. This has been his practice for the past 10 financial years. Find out his residential status for the A.Y. 2022-23.

Would your answer change if the above facts relate to Srinath, an Indian citizen who resides in Srilanka and represents the Srilanka’s cricket team?

What would be your answer if Srinath had visited India for 120 days instead of 102 days every year, including P.Y.2022-23?

Which of the following Income is Income deemed to be received in India-

Which of the following is correct regarding “Income deemed to accrue or arise in India”
i) Salary earned for services rendered in India.
ii) Salary payable by Government to Indian Citizen for services rendered outside India.
iii) Dividend paid by Indian Company Outside India.

Dublak Ltd. is registered in Texas the control and management of its affairs are situated in India Dublak Ltd. shall be-

Jubilee Ltd. is an Indian company whose entire control and management of its affairs is situated outside India Jubilee Ltd is :

Which among the following is a correct statement about the residential status of a company?

Assertion (A): An American citizen earns 10,00,000 income from his business in India. Since he is not a citizen of India and not a resident in India this income should not be taxed.
Reason (R): For taxing Indian Income Citizenship and residential status of an assessee is not necessary. Codes:

Which of the following statements is/are correct?
1.An assessee may enjoy the residential status for different assessment year.
2. It is not necessary that a person, who is resident in India, cannot become resident in any other country for the same assessment year.
3. Where a person is in India only for a part of a day, it will be calculated as one complete day. Select the correct answer.

Profit of the hotel business at Melbourne is taxable in the case of

A citizen of India who goes abroad for the purpose of employment, he must stay in India in the previous year for at least days to become a resident

Statement (A): Education cess is leviable in case of all assessees.
Statement (B): Income deemed to accrue or arise in India is taxable in case of resident only.

To levy corporate income tax in India, the company’s residential status is decided on the basis of

Vijay earns the following income during the previous year ended 31st March 2022- Interest on UK Development Bonds: ₹ 5,00,000 (1 /4th being received in India) Profits on sale of a building in India: ₹ 3,00,000 (Received in Holland) Income liable to tax for the AY 2022-23 if Vijay is resident and not ordinarily resident in India, is:

Somu, a software engineer at XIXO Ltd. left India on 10th August 2021 for the treatment of his wife. For income- tax purpose, his residential status for the AY 2022-23 will be:

Rajendra, a non-resident of India celebrated his 82th birthday on 29th October 2021. If his total income for the previous year is ₹ 6,00,000 his income-tax liability for the previous year 2021-22 is:

A person is deemed to be of Indian origin if he, or either of his parents or any of his grandparents, was born in

Agriculture income from agricultural land located in a foreign country is taxable in the case of:

Which out of the following criteria determines the Place of Effective Management in order to treat a foreign company as a resident in India during the previous year as per guidelines issued by CBDT and the provisions contained under the Income-tax Act, 1961

Mr Abhay (age 44) resident of India earned an agricultural income of ₹ 1 lakh from land situated in Sri Lanka. His total income in India amounts to ₹ 7 lakhs. The tax liability would be:

Satish brought into India, in the previous year, past untaxed income which was earned in the UK The income will be taxable if Satish is:

A company incorporated outside India having its place of effective management situated in India in the previous year will be treated as:

Gogo Ltd. is an Indian company. It carries its business in Delhi and London. Total control and management of the company is situated in London. More than 85% of its business income is from the business in England. If so, its residential status will be:

Residential status is to be determined for :

Total Income of a person is determined on the basis of :