Vidyalelo
Commerce · Q527

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 527

Q527

Which one of the following statement is not correct?

A.
A person may not have assessable income but still be an assessee
B.
In some cases, the assessment year and the previous year can be same
C.
An Indian company is always resident assessee
D.
Surcharge is additional tax calculated on total income
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board