The exception to the fact that income of the Previous year is taxed in the Assessment year includes:
A. A non-resident carrying shipping business and earning income from carrying passengers/livestock/ goods from port in India.
B. If the Assessing Officer is of the opinion that individual may leave India permanently, during the year.
C. If the Assessing Officer is of the opinion that an Association of person or Body of Individuals is formed for a particular event and is created and dissolved during the year.
D. All of the above.
Answer:D
The exception to the fact that income of the Previous year is taxed in the Assessment year includes:
A. A non-resident carrying shipping business and earning income from carrying passengers/livestock/ goods from port in India. B. If the Assessing Officer is of the opinion that individual may leave India permanently, during the year. C. If the Assessing Officer is of the opinion that an Association of person or Body of Individuals is formed for a particular event and is created and dissolved during the year. D. All of the above.