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An Australian incorporated company provides IT support for numerous banks in India. The services are performed in Australia but the computer hardware is mainly in

An Australian incorporated company provides IT support for numerous banks in India. The services are performed in Australia but the computer hardware is mainly in India. Which of the following statements is correct about source and residency:

Question 3 options:

The company is an Indian resident earning Australian sourced income.

The company is an Australian resident earning Indian sourced income.

The company is an Australian resident earning Australian sourced income.

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