Question
Ricky Ponting, an Australian Cricket Player visits India for 90 days in every financial year. This has been his practice for the past 11 financial years (including current previous year 2019-2020). What will his residential status for the assessment year 2020-2021?
More Accounts Questions
- Which of the following is an example of non-cash investing and financing activity that must be disclosed separately?
- XYZ & co is a partnership firm that has been operating for five years. The firm has consistently achieved average annual profits of ₹1,00,000. The capital ...
- If an entity revalues its land upward and this is the first time revaluation is being done, how is the increase treated under Ind AS 16?
- In the CAPM model, the expected return is expressed as: E(R)=Rf+β(Rm−Rf) Here, what does the risk-free rate (Rₓ) represent or compensate the investor for...
- Change in the capital A/c of proprietor may occur due to _____________
- Which of the following ratios measures a company's profitability?
- Read the below information and answer the question: Goods are sold at a profit of 30% on cost. Calculate 'Revenue from operations'.
- When an individual is unable to repay the overdraft availed from a bank, which type of risk is the bank primarily exposed to?
- Assuming that the discount rate is 7% per annum, how much would one pay to receive ₹500, growing at 5%, annually, forever?
- For an assessee required to file transfer pricing report under Section 92 E, the due date is _________ of relevant assessment year.
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)