One of my client ( monther and father ) has one son ( minor ).
Till 31.03.2008 income of minor is clubbed in the income of father.From 01.04.2008 father becomes NRI and his income is from salary from foreign country. He recived salary there in foreign currency.

I want to know whether the income of minor can be clubbed in the income of mother or not?
Please guide.

Thanks

Hello,
our client has following blcok of assets of vehicle @ 15 % as on 31.03.2008.

Scooter Rs. 2100
Opel Car Rs. 369803

During the year client has sold opel car for Rs. 175000/- and buy a new car worth rs. 750000/- on 31.01.2009.( which is qualified for depriciation @50 %).

My question is whether new car is qualifed for depriciation for each and every year @50% and whether the block of 15 % and 50 % is same or not?
How entry should be passed for sale of old car .. whether to pass entry for loss or it is to be clubbed in 15% blcok.

Thanks

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