alleryStart learning →Untaxed foreign income of an earlier year, brought into India now, is
Ataxable in the hands of RORs
Bnot taxable in the year remitted
Ctaxable at the maximum marginal rate
Dtaxable as income from other sources
Answer & Solution
Correct answer: B. not taxable in the year remitted
Remitting past untaxed foreign income is not taxable because it is not income of the current previous year.
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