An Indian citizen, has gone outside india for taking up employment in the previous year 2006-2007 and her stay for that year was more than 180 days in India.

She is resident for the financial year 2006-2007.

And for previous year 2007-2008 she is non resident as she has gone for employment outside india.

Now for the previous year 2007-2008 stay of how many days in india will make her resident in india.
Is it 60 days or 180 days?

Provided she will be coming for offical as well as personal reasons to visit india.

hi

i have a query, that, is there any provisoin for deduction on spouse LIC under Section 80C.

1. if spouse is not working
2. if he/she works but his income is not in any slab & he/she not fill return.
3. if he/she works but his income is not in any slab & he/she fill return.

thaks in advance

Regards

hi friends
my query is: a company's car met with an accident and the company lodged a claim with the insurance company. however the insurance company has not accepted the claim in full. the company has written off the balance amount to profit and loss account under the head repairs & maintenance - vehicle. is the company liable to pay FBT on this amount.

I am in the construction industry developing IT parks and leasing it to STPI clients. To avail 80-IA benefits, the deduction is extended only for profits and gains derived.

1. please clarify whether this deduction can be exended to House Property Income wherein the rentals received from clients has to be considered as Income from House property based on so many case laws. Will the Dept disallow 80-IA benefits if this is being treated as House Property Income.

2. Our activity is not only letting of bare shell but also providing facilities viz., Air conditioning, DG backup etc., Can we consider rentals as Business Income and if so, on what basis we can consider as Business Income. Would request for case laws also to support the stand.

3. Also the objects in MOA of the company includes leasing of the property and based on this can we consider as Business Income and avail 80-IA benefits.

I am in the construction industry developing IT parks and leasing it to STPI clients. To avail 80-IA benefits, the deduction is extended only for profits and gains derived.

1. please clarify whether this deduction can be exended to House Property Income wherein the rentals received from clients has to be considered as Income from House property based on so many case laws. Will the Dept disallow 80-IA benefits if this is being treated as House Property Income.

2. Our activity is not only letting of bare shell but also providing facilities viz., Air conditioning, DG backup etc., Can we consider rentals as Business Income and if so, on what basis we can consider as Business Income. Would request for case laws also to support the stand.

3. Also the objects in MOA of the company includes leasing of the property and based on this can we consider as Business Income and avail 80-IA benefits.

I am in the construction industry developing IT parks and leasing it to STPI clients. To avail 80-IA benefits, the deduction is extended only for profits and gains derived.

1. please clarify whether this deduction can be exended to House Property Income wherein the rentals received from clients has to be considered as Income from House property based on so many case laws. Will the Dept disallow 80-IA benefits if this is being treated as House Property Income.

2. Our activity is not only letting of bare shell but also providing facilities viz., Air conditioning, DG backup etc., Can we consider rentals as Business Income and if so, on what basis we can consider as Business Income. Would request for case laws also to support the stand.

3. Also the objects in MOA of the company includes leasing of the property and based on this can we consider as Business Income and avail 80-IA benefits.

The Builder / Promotor imports architects services from a firm in Singapore who does not have PE in India. Can withholding tax u/s 195 be deducted from the fees / payment made to Singapore Architect and send TDS certificate to get the tax set off when he discharges liability since DTAA exists between India and Singapore.

sir
if an individual have Rs.400000 non agriculture income and agriculture income of Rs.700000, then whether surcharge will be applicable or not?

Is there any tax planning that can be made on car allowance for the salaried employees, if so how can we plan

Dear Sir,

Kindly clarify whether the dividend received by the Indian holding company from the overseas wholly owned subsidiary in China , is taxable in India ? If yes, what is the rate of tax ? Please reply with details of sections.

Thanks & regards,

Hemant A.Thakker