Sriram
(CA FINAL)
(126 Points)
Replied 14 May 2011
| Originally posted by : RAAM SINGHANIA | ||
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again the valuation office dont have any right to have a right of civil court to summon and enforce a seller on the oath he can call for the information but dnt have a right a enforce him on oath and all |
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I agree with you here...
| Originally posted by : Sriram | ||
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Originally posted by : RAAM SINGHANIA only 15000 alllowed under sec 80 d to nandita father as he is non resident not 20000as allowed to indian sen. cetizen Dude I dont think so... Chapter VI-A deduction is available for non-resident..... 80D is available for Nandita |
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check it out by urself
Sriram
(CA FINAL)
(126 Points)
Replied 14 May 2011
| Originally posted by : RAAM SINGHANIA | ||
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Originally posted by : Sriram Originally posted by : RAAM SINGHANIA only 15000 alllowed under sec 80 d to nandita father as he is non resident not 20000as allowed to indian sen. cetizen Dude I dont think so... Chapter VI-A deduction is available for non-resident..... 80D is available for Nandita check it out by urself |
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Ufff no not at all... I wont check out now... let us c on monday... If I feel that my answers are getting wrong then my confident in IDT may come down... let us c on monday.... All tha best
bhuvan_Agarwal
(C.A.)
(105 Points)
Replied 14 May 2011
bhuvan_Agarwal
(C.A.)
(105 Points)
Replied 14 May 2011
bhuvan_Agarwal
(C.A.)
(105 Points)
Replied 14 May 2011
| Originally posted by : bhuvan | ||
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nandita 80D -15000 father as he is non- resident.Therefore not a senior citizen. |
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agree on that
| Originally posted by : bhuvan | ||
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Q.1.A 200 LAKHS REVALUATN TO Be ignored. 40+90+110+35-90=185 (networth) 385-185 =200 lakh |
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wrong 180 lks is the answer and the company can get off by purchasing 26% shares even so this dnt get as transfer for capital gain purpose
CA Fojan
(Service)
(36 Points)
Replied 14 May 2011
agree 200 is the ans
but wat abt settlement commision and also sec 37 A 5A of wealth tax ????
CAclubindia
