Mr. Rohit, qualifying as ROR in, India during the Financial Year 2019-20, having a taxable income of ₹1,50,000. He owns a house property in UK. Whether Mr. Rony is required to file its return of Income in India for the Financial Year 2019-20?
A. Yes, as he is ROR in India during the previous year
B. Yes, as he is ROR in India during the previous year and owns a house property outside India.
C. No, (as the taxable income does not exceed the maximum amount not chargeable to tax).
D. None of the above
Answer:C
Mr. Rohit, qualifying as ROR in, India during the Financial Year 2019-20, having a taxable income of ₹1,50,000. He owns a house property in UK. Whether Mr. Rony is required to file its return of Income in India for the Financial Year 2019-20?
A. Yes, as he is ROR in India during the previous year B. Yes, as he is ROR in India during the previous year and owns a house property outside India. C. No, (as the taxable income does not exceed the maximum amount not chargeable to tax). D. None of the above