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Commerce · Q574

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 574

Q574

Mr X, a non-resident, earned Rs. 36,000 as interest on German Development Bonds. Of this, he received 1/6^ th in India. The amount to be included as interest for the computation of his gross total income is

Mr X, a non-resident, earned Rs. 36,000 as interest on German Development Bonds. Of this, he received in India. The amount to be included as interest for the computation of his gross total income is
A.
Rs. 36,000
B.
Rs.30,000
C.
Rs. 6,000
Answer
D.
Nil

Answer: Option C

Solution

Answer: Option C
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