Please whether this statement are true or false

Please whether this statement are true?

(1) Deduction in respect of maintenance including medical treatment of a dependent who is person of disability shall be allowed to a non resident in India.

(2) Only 35% of income from growing and manufacturing of rubber is liable to tax.

(3) A business loss can be setoff against income from speculation business but loss in respect of speculation business can only be set-off against income of another speculation business.

(4) Remuneration received by Member of Parliament are taxable under the head “profit and gains from business or profession.

(5) Zero coupon bond shall be treated as “short term capital asset” if held for more than 12 months but not more than 36 months.

Thanks in advance

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(1) Deduction in respect of maintenance including medical treatment of a dependent who is person of disability shall be allowed to a non resident in India.:

section: 80DD: such deduction not available to a non-resident.

(2) Only 35% of income from growing and manufacturing of rubber is liable to tax.

Rule 7A: 35% of such income is business income, and 65% is agricultural income.

(3) A business loss can be setoff against income from speculation business but loss in respect of speculation business can only be set-off against income of another speculation business.

yes:

(4) Remuneration received by Member of Parliament are taxable under the head “profit and gains from business or profession.

under the income from other souces... daily allowances etc. are exempt u/s 10(17)

(5) Zero coupon bond shall be treated as “short term capital asset” if held for more than 12 months but not more than 36 months.

such zero coupon bond shall be long term capital asset.

i hope it will be helpfull. in case of any doubt post the reply...