Correct Answer
✅ Option A — For his own travel to Nepal CORPORATE AND OTHER LAWS
All Options:
- AFor his own travel to Nepal CORPORATE AND OTHER LAWS ✓
- BRemittance of US $ 50,000 out of lottery winnings to his son in US
- CRemittance for purchase of sweepstakes
- DGift of US $ 10,000 to his brother in Canada (2 Marks)
Detailed Solution & Explanation
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