14 February 2015
A Korean Citizen doing Job in India from Last 3 Years and his wife is also working in India from 2 1/2 Years.
Queries :-
1. Whether Basis Exemption Limit as per Income Tax Act will be Available ?
2. 80C Deductions will be available ?
and 3. Husband will Gift to Wife (Clubbing in Whose Hands) ?
14 February 2015
1. Basic exemption limit is available. 2. 80C DEDUCTIONS WILL BE AVAILABLE. 3. If husband gift to wife any income earned from it will be clubbed with husband.
CAclubindia
