Question
Under the Income Tax Act, 1961, which category of
investors will not be taxed on their income from offshore investments made through an Alternative Investment Fund (AIF) in an International Financial Services Centre (IFSC)?Solution
  A non-resident investor's income from offshore investments that go through an Alternate Investment Fund set up in an International Financial Services Centre will not be taxed.  As per the provisions of the Income Tax Act, 1961, non-resident or foreign companies generating income chargeable under this Act through investments in IFSC-based investment funds, including Alternative Investment Funds (AIFs) registered in GIFT City, are exempt from filing income tax returns in India, provided that the income tax due on such earnings has been deducted at the source and remitted to the Central Government by the respective investment fund.
The value of 3 × 7 + 5 – 6 ÷ 3 – 9 + 45 ÷ 5 × 4 – 45  is:
What will come in the place of question mark (?) in the given expression?
?% of (175 - 220 + 125) X 24 = 500 - 20Â
- What will come in place of (?), in the given expression.
(56 × 3) + (480 ÷ 6) = ? 20 × 224 ÷ 16 – 50 = ? + 100
...What is 12% of 4% of 7% of 2 x 106 ?
What will come in the place of question mark (?) in the given expression?
? = 60% of 48% of (20 × 350) + 180
- What will come in place of the question mark (?) in the following questions?
What will come in the place of question mark (?) in the given expression?
28 X 3.5 + 12 X 6 = ? X 4 + 90
115% of 40 + 3 × 4 = ? × 11 – 8
What will come in the place of question mark (?) in the given expression?
7 X 18 + ? = (52 - 6) X 9
