Site navigation

In which of the following cases may the Assessing Officer, irrespective of section 4 of the Income-tax…

Section 317(1) applies when the individual may leave during or shortly after the year "with no present intention of returning". Mere involvement in an illegal business does…

Choose your answer

In which of the following cases may the Assessing Officer, irrespective of section 4 of the Income-tax Act, 2025, charge income to tax in the current tax year itself, for the period from the first day of that year up to a later date within it?

Select one answer
Answer and explanation

Correct answer C

Section 317(1) applies when the individual may leave during or shortly after the year "with no present intention of returning". Mere involvement in an illegal business does not itself establish that departure condition.

Practice for these exams

Related exam syllabi

Related questions in this topic