Profits from Business in Singapore and received their while the business is 98% controlled from Singapore will be taxable in the hands of
A. Residential and ordinarily resident
B. Not ordinarily resident
C. Both OR & NOR
D. Non-resident
Answer:C
Profits from Business in Singapore and received their while the business is 98% controlled from Singapore will be taxable in the hands of
A. Residential and ordinarily resident B. Not ordinarily resident C. Both OR & NOR D. Non-resident