Income Tax And Corporate Tax - Study Mode
[#736] In order to invoke the tax treaty for a person who is a dual resident, i.e. tax resident in both the countries, which rule may be applied under the relevant article of the tax treaties to resolve the issue?
Correct Answer
(B) Tie-breaker
[#737] Authority for Advance Rulings shall not allow an application where the question raised:
Correct Answer
(D) All of the above
[#738] Resident of India includes:
Correct Answer
(D) Both A and B
[#739] If the individual using the property for the business or professional purpose the income is taxable under which of the following heads?
Correct Answer
(D) Income from Business or Proprietorship
[#740] Which two of the following are correct in terms of rate of tax deduction at source (TDS)? (1) Income by way of winning from the horse race @ 30% (2) Insurance Commission @ 10% (3) Rent of Plant & Machinery @ 5% (4) Rent of furniture @ 5% Choose the correct option from the following:
Correct Answer
(C) 1 and 4