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Commerce · Q398

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 398

Q398

Rental income received by a foreign individual, from another foreign individual, in respect of the property situated in Delhi is taxable in the hands of:

A.
Resident and Ordinarily Resident (OR) only
B.
Ordinarily Resident (OR) and Not Ordinarily Resident (NOR) only
C.
Non-Resident (NR) only
D.
Ordinarily Resident (OR), Not Ordinarily Resident (NOR) and Non-Resident (NR)
Answer

Answer: Option D

Solution

Answer: Option D
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