Mr. Saha, a resident Indian, has derived the following incomes for the previous year relevant to...

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Mr. Saha, a resident Indian, has derived the following incomes for the previous year relevant to the A.Y. 2023-24: a. b. Income from profession Royalty on books from foreign country Y (₹ 3,00,000 is eligible for deduction u/s 80QQB)(Tax paid in foreign country @ 20%) 3,74,000 € 5,00,000 Compute Indian tax liability of the assessee assuming that India does not have any agreement with country Y. Mr. Saha, a resident Indian, has derived the following incomes for the previous year relevant to the A.Y. 2023-24: a. b. Income from profession Royalty on books from foreign country Y (₹ 3,00,000 is eligible for deduction u/s 80QQB)(Tax paid in foreign country @ 20%) 3,74,000 € 5,00,000 Compute Indian tax liability of the assessee assuming that India does not have any agreement with country Y.

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To compute the Indian tax liability of Mr Saha we need to add the incomes from both sources and then ... View the full answer