In case of non-resident, who is carrying on shipping business, his Indian income shall be presumed to be:

Posted by: Pdfprep Category: GLO_CWM_LVL_1 Tags: , ,

In case of non-resident, who is carrying on shipping business, his Indian income shall be presumed to be:
A . 5% of certain amount received
B . 7.5% of certain amount received
C . 10% of certain amount received
D . 8.5% of certain amount received

Answer: B