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1 . Write a note on previous year and assessment year ?

2 Mr Vinayaka came to india from USA for the first time on 30th September 2002 to join an American co as general manager . After reporting for duty he left for Japan on 2 .10. 2003 to finalize company transaction. he transaction . he returned to India on 10th October 2003 and stayed in India till 31st July 2009 when bank to u s a. he came back to join duty on 10th November 2009 and stayed till the end of f .x determine his residential status for the assessment year 2010-11 3 Mr Sumanth has the following income for the previous year ending on 31st march 2004. a. income from house property in London rs 25000 b. salary from ac Indian company received in Japan rs 37000 c. income from business in Japan received in India rs 75000 d. dividend from a foreign company .1/2received in India rs 40000 e. income from business in u s a controlled from India rs 60000 f. dividend from an Indian company received in Australia rs 10000 g. income from business in Kolkata managed from u s a being received in u s a rs 40000 h. agricultural income from land situated in India rs 30000 i. income from business in Japan ,controlled from head office at Mumbai rs 25000 being received at head office rs 75000 j. un taxed foreign income of earlier years brought to India rs 25000 Compute his gross total income for the a y 2010-11 if he is; a] resident b] not ordinary resident c] non resident 1. Write a note on assesse? 2. Mr A came to India for the first time on 1st November 2008 .during this stay in India upto 10th October 2009 ,he stayed at Mumbai up to 10th may 2009 ,and thereafter remained in Bangalore till his departure from India .determine his residential status for the assement year 2010-11 3. Mr Anurag has the following incomes during the AY 2010-11: profits earned from a business in Bangalore managed from singapura rs 25000 pension from a former employer in India received in Singapore rs 15000 income from property in srilanka received in india rs 10000 profits from profession in Bangladesh deposit in a bank there rs 12000 income from business in Ghana controlled from India rs 10000 dividend on Indian co. shares received in Japan rs 10000 profit on sales of building in India received in Japan rs 10000 interest on Dutch govt securities [half is received in India ]rs 5000 past untaxed income brought into India from UK rs 10000 income from agriculture in Kanpur rs 10000 income from business in India controlled from rs 80000 agricultural income in Pakistan rs 90000 income from salary of Indian co received in u s a rs 36000 gifts received from uncle rs 5000 interest from post office savings bank a/c rs 1000 compute his total income if he is a]or b]nor c]n.r

1.Define the term person and assessment year? 2. Mr Sohan went to America for the first time on1.4.2009 due to his ill health ,he had to stay there and come back to India on 25.9.2009 .he had to go again on 8.12.2009 and returns from America to India on 15th feb 2010.determine his residential statues for the assessment year 2010 -11 3. Mr Janardhan furnishes the following particulars of his income for the previous year 2008-09. income from salary received in Bangalore rs 30000 income from house property in Pakistan rs 25000 profit from business established in Mangalore rs 20000 dividend from an Indian company received in Japan rs 2000 agriculture income in Japan received in Delhi rs 40000 profits from a business established in Singapore controlled from head office at Mangalore income on England dept .bonds rs 2500 income from agricultural land in Punjab rs 50000 income from business in Japan controlled from Chennai[60%deposited there and 40%remitted to India ]rs 100000 income from cloth business in Kanpur controlled from Japan half being received in Kanpur rs 50000 past untaxed foreign income of earlier years brought to India during the year rs 10000 interest on post office savings bank a/c rs 1200 commission received in India for services in srilanka rs 5000 interest received from mr druva ,a non resident on the loan provided to him for a business in India rs 20000 compute his gross total income for the A Y 2009-10,if he is a]resident b]non c]non resident

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