Which of the following statements is/are correct?
1. Any income, which is received in India, during the previous year by any assessee, is liable to tax in India, irrespective of the residential status of the assessee and the place of accrual of such income.
2. The day the individual enters India and the day he leaves India should both be treated as stay in India for calculating residential status of a person.
3. Presence in territorial water of India would also be regarded as presence in India.
Select the correct answer using the options given below
A. Only 1
B. Both 1 and 2
C. Both 2 and 3
D. All of the above
Answer: Option D
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