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Commerce · Q643

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 643

Q643

Which of the following incomes is not deemed to accrue or arise in India under Section 9(1)(i) of the Income Tax Act, 1961?

A.
Income from any business connection in India
B.
Income through or from any property in India
C.
Income arising from transfer of a capital asset situate in India
D.
Income relating to operations which are confined to purchase of goods in India for the purpose of export
Answer

Answer: Option D

Solution

Answer: Option D
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