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Commerce · Q451

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 451

Q451

Receiving dividend from a foreign company by a person resident in India will be tax liability in the assessment year 2005-06

A.
Will get tax exemption
B.
Taxes to be paid by the foreign company
C.
Taxes to be paid by the resident in India
Answer
D.
Taxes will be paid by the government

Answer: Option C

Solution

Answer: Option C
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