.....Examine with reasons whether the following transactions attract income-tax in India inthe hands of recipients:(i) Salary paid by Central Government to Mr. John, a citizen of India ` 7,00,000 for theservices rendered outside India.(ii) Interest on moneys borrowed from outside India ` 5,00,000 by a non-resident forthe purpose of business within India say, at Mumbai.(iii) Post office savings bank interest of ` 12,000 received by a resident assessee, Mr.Ram.(iv) Royalty paid by a resident to a non-resident in respect of a business carried onoutside India.(v) Legal charges of ` 5,00,000 paid to a lawyer of United Kingdom who visited Indiato represent a case at the Delhi High Court.
Dec. 08, 2017