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Free GLO_CWM_LVL_1 – Chartered Wealth Manager (CWM) Global Examination Practice Test Question

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Showing 19–20 of 20 questions

Question 19 (Exam Pool A)

Which of the following is/are correct?

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    Both A and B statements are true

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    Statement A is true

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    Statement B is true

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    Both A and B are not true


Question 20 (Exam Pool B)

Dividend received by a shareholder from an Indian company the whole of whose income is agricultural income shall be treated as:

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    agricultural income in the hands of shareholder and thus exempt

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    agricultural income and thus exempt but it will be subject to partial integration

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    exempt under section 10(34) but taxable in the hands of the company

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    income taxable under the head income from other sources