AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 119 Topic 12 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 119 Topic 12 Discussion

CWM_LEVEL_2 Exam Topic 12 Question 119 Discussion:
Question #: 119
Topic #: 12

Section A (1 Mark)

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


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