Mr. Arun, an Indian citizen got a job offer from M/s Moon Star Inc., a Dubai-based company of AED 10,500 per month. He left for Dubai on 29.3.2025…

Mr. Arun, an Indian citizen got a job offer from M/s Moon Star Inc., a Dubai-based company of AED 10,500 per month. He left for Dubai on 29.3.2025 and joined M/s Moon Star Inc. on 1st April 2025. He returned to India on 15.12.2025 on leaves for 15 days. On 23.12.2025, he went on 7 days tour to Bali with his wife and son. Thereafter, he directly went to Dubai with his wife and son. On 16.12.2025, he purchased a tour package for Bali from Your Own Trip, an Indian tour operator for which he paid - 7,50,000 towards flight tickets and hotel accommodation. During F.Y. 2025-26, he has business income of 4,20,000 from a retail shop in India and interest on fixed deposit and savings account with Canara Bank of 1,20,000 and - 8,000, respectively. He is not liable to pay any tax in Dubai. Assume 1 AED = 23. His best friend Mr. Sarthak furnished the following information for the previous year 2025-26: Particulars Amount (₹) Amount remitted to his elder son Manan, who is pursuing two-year MBA Program from Atlanta University, Australia Out of own savings through SBI Bank, an authorized dealer under Liberalized Remittance Scheme (LRS) of the RBItowards tuition fees on 5.7.2025to meet day to day expenses for study purposes 3,50,000 10.5.202529.9.202501.1.2026 1,20,000 90,000 1,35,000 Through PNB Bank, an authorized dealer under Liberalized Remittance Scheme (LRS) out ofloan (towards tuition fees) on11.10.202510.01.2026Own savings (to meet day to day expenses) on 1.7.2025 3,50,000 3,50,000 4,50,000 To complete the formalities of admission, Mr. Sarthak visited the Australia from 10.4.2025 to 13.4.2025 for which he purchased a tour package from M/s 3 Trip Travel, a foreign tour operator and remits money under LRS on 5.4.2025. International travel tickets and hotel accommodation are included in the said package. 5,20,000 Mr. Sarthak has furnished undertakings containing the details of earlier remittances to SBI bank and PNB bank. He has also furnished his PAN to the authorized dealers and to the seller of overseas tour program package. From the information given above, choose the most appropriate answer to the MCQs 1 to 6: