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Is Non Resident Eligible For Exemption u/s 54F or 54EC?

March 4, 2010 by

Capital gains exemption u/s 54F or 54EC for non resident Indian

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Under Which Head Royalty Taxable?

February 4, 2010 by

Question about royalty taxation under India income tax laws: I am a 34 year old person who has invented certain formulas related to nutritional supplements which will be manufactured in the USA but I am residing in Noida and shall be receiving 50% of the sales proceeds (in USA) as royalty fees regularly every month or quarterly as decided by me. Until now my

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Will I Have to File Return For Rental Income in India and Pay Tax in India & USA Both?

January 7, 2010 by

tax on rental income of non resident Indian : I am an NRI and  USA citizen. I received house from  my father , after his death.I am getting some rental income from this house . D I have to file income tax return or I can show this income in my USA return.Do I need a PAN ? If yes, how to apply? PLEASE

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Is there Any Relief Available For Earning in Foreign Exchange by Astrology & Vaastu Consultant?

January 6, 2010 by Leave a Comment

Hello, I am a Vastu & Astrology consultant & most of my clients are in USA, I provide them my consultancy services online or on phone, As my income is generated from Abroad, is there a section in which I can claim tax exemption, for my consultancy Income from Abroad? As the software consultancy service

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How To Judge If Any Share transaction Is Business or Investment ?

December 11, 2008 by

I have earned Rs 700000 as from equity market in financial ,year 2005-06, which I was not showing in my return. I do number of transaction during the period but I taken all the share delivery and hold up 1 to 2 month and there after i sold in the market. but subsequently a survey...

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