The following information pertains to Mr. Apoorv, an Indian citizen and non-resident in India, for the previous year 2023-24: (i) Dividend from TPO…

The following information pertains to Mr. Apoorv, an Indian citizen and non-resident in India, for the previous year 2023-24: (i) Dividend from TPO Ltd., an Indian Company (gross) of 1,30,000. (ii) Interest on debentures of SLP Pvt. Ltd. (subscribed in convertible foreign exchange) of 1,35,000 (gross). (iii) He incurred interest on loan taken for purchase of shares of TPO Ltd. and for purchase of debentures of SLP Pvt. Ltd. of 30,000 and - 20,000, respectively. (iv) On 15th March 2024, he sold debentures of Fix Ltd. for 18,25,000 which were subscribed in convertible foreign exchange on 10th June 2004 in dollars equivalent to 4,65,000. He paid commission to broker of 7,000 at the time of sale. (v) On 30th April, 2024, he reinvested the sale proceeds of debentures of 4,80,000 for purchase of listed shares of an Indian company, Fly High Ltd. Cost Inflation Index: F.Y. 2004-05 - 113; F.Y.2023-24 – 348. Based on the facts of the above case scenario, choose the most appropriate answer to Q.1 to Q. 5 below: