What does section 6 of the Income Tax Act deal about?
Section 6 of the Income Tax Act, 1961, in India, deals with the determination of the residential status of an individual for income tax purposes. It establishes the criteria that help identify whether an individual is considered a resident or a non-resident in India during a particular financial year. The residential status is crucial as it determines the scope of an individual's tax liability in India. Depending on their residential status, different rules apply to the taxation of various types of income earned by the individual.
Consider the following statements:
1. The Chief Minister of Delhi is appointed by the President of India.
2. The Delhi Police and Munici...
Which person owes an amount to a business organisation for buying goods and services on a credit basis?
Who among the following was the founder of Swatantra Party?
With reference to the role of the Union Public Service Commission, which of the following statements is/are correct?
1. Commission is concerne...
Which of the following statements is/are correct about Green Revolution?
I. In India M.S. Swaminathan is regarded as the father of Gre...
Consider the following statements:
1. Part 'B' of the Budget speech of the finance minister includes description of the initiatives on economi...
Consider the following statements:
1. Resolution for removal of the Vice President can be initiated only in Rajya Sabha.
2. The vacan...
Who among the following is considered to be the first Indian to go to jail in performance of his duty as a journalist?
Which one of the following is not an organ of the government?
The UN Convention on the Law of the Sea (UNCLOS) came into existence?
