alleryStart learning →Income received in India but accruing abroad is
Aforeign income taxable for ROR only
Bforeign income exempt for all
Cexempt if received in kind
DIndian income, taxable for all
Answer & Solution
Correct answer: D. Indian income, taxable for all
Income received or deemed received in India is Indian income even if it accrues abroad, and it is taxable for everyone.
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