Mr. Tilak aged 35 years, furnishes the following information regarding his income for the assessment year 2024-25. Compute the total income if he is: (1) Resident and Ordinarily Resident. (2) Resident but Not Ordinarily Resident (Ignore the provisions of Section 115BAC). (a) Remuneration of ₹50,000 for service rendered in Malaysia, credited to his bank account in Malaysia and immediately remitted to his bank account in India. (b) Profits from a business in England controlled from Bombay ₹3,00,000 (out of which ₹25,000 is received in India). (c) Amount brought to India out of past untaxed profits earned in Singapore ₹1,00,000. (d) Capital gain on sale of land in India but received in Malaysia ₹2,00,000. (e) Income from agriculture land at Nepal of ₹18,000, received there and then brought to India. (f) He paid ₹50,000 towards principal payment of loan taken for construction of his self-occupied house in India. (g) Interest on saving bank deposit in State Bank of India of ₹12,000.

Examine the applicability of Tax Deduction at Sources (TDS) or Tax Collection at Source (TCS) as per the Income Act, 1961 for the assessment year 2024-25 in the following independent situations: (i) ABC Limited paid rent of ₹75,000 + 18% GST per month to Mr. Ram for the office premises from 01.04.2023 to 31.03.2024. Mr. Ram has furnished his PAN and also filed his return of income before due date regularly. (ii) XYZ Pvt. Ltd sells two cars to Mrs. Anju costing ₹4,00,000 and ₹12,00,000 respectively on 01.05.2023 and 25.12.2023. Mrs. Anju has furnished her PAN and filed her return of income regularly before the due date.