Question
Mr. Sameer, a citizen of USA has been coming to India every year for 100 days since 2014 -15. During the financial year 2018 -19,
Mr. Sameer, a citizen of USA has been coming to India every year for 100 days since 2014 -15. During the financial year 2018 -19, he earned the following income :
| Particulars | |
| Profits from business in Australia | 3,00,000 |
| Agricultural income from Nepal | 60,000 |
| Profit from business in UK controlled from India (40% is received in lndia) | 2,00,000 |
| Interest on UK Government Bonds | 1,00,000 |
| Profit on sale of property situated in India | 2,60,000 |
| Pension income received in UK for services rendered in India | 1,00,000 |
| Dividend received from a company registered in UK | 50,000 |
| Profit from sale of property located in Uganda received in UK | 2,50,000 |
How can he plan his visit in India so that his tax liability is reduced for Assessment Year 2019-20. Also determine his taxable income.
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Pricing Analytics Models And Advanced Quantitative Techniques For Product Pricing
Authors: Walter R. Paczkowski
1st Edition
1138623938, 9781138623934
