Which receipt by a s.3 person falls under the s.4 exemption?
AGrant for a newspaper
BForeign salary or wages
CDonation to a party
DFund for a campaign
Answer & Solution
Correct answer: B. Foreign salary or wages
Section 4(a) exempts salary, wages or other remuneration from a foreign source.
Keep practising Foreign Contribution Regulation Act 2010
Browse all Foreign Contribution Regulation Act 2010 questions for CA Final, or explore more Law topics.
Related questions
Which power may the Centre NOT delegate by notification under s.47?Which offence cannot be compounded under s.41(1)?Whose previous sanction is needed before a court takes cognizance (s.40)?For s.39, a firm or trade union is treated how?Under s.39(1), an officer of a company escapes liability if he proves what?What punishment does s.37 give for breaches with no separate penalty?Maximum imprisonment under s.35 for accepting foreign contribution in contravention of theMaximum jail term for knowingly giving false intimation under s.33?