+2 votes
in Class 12 by kratos

Giving reasons, state whether the statements are true or false.

Rent received by an **** from Reliance Industries with respect to building located in India will neither be included in national income nor in domestic income of India.

1 Answer

+6 votes
by kratos
 
Best answer

False: Such rent will be included in domestic income of India as building is located within the domestic territory of India.

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