Teaching MH-SET Mock Test Series 2025 Income-tax and Corporate Tax Planning Income-tax Residential Status
Statement (A): Education cess is leviable in case of all assessees.
Statement (B): Income deemed to accrue or arise in India is taxable in case of resident only.
1
Statement (A) is correct, but (B) is wrong
2
Statement (A) is wrong, but (B) is correct
3
Both the Statements are wrong
4
Both the Statements are correct