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Commerce · Q724

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 724

Q724

Which of the following incomes are exempt from tax? 1. Dividend received from foreign company. 2. Agricultural income. 3. Income received by a foreigner in outside India. 4. Capital gain income. 5. Dividend received from Indian company. 6. Rental income of house property.

A.
2, 3 and 4
Answer
B.
1, 3, 5 and 6
C.
3, 4 and 6
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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