r2i forum

[B][COLOR=#0000cd][/COLOR][/B][COLOR=#0000CD]Thanks ps001 for your kind words[/COLOR][B][COLOR=#0000CD],[/COLOR][/B][COLOR=#0000cd]please find my answers in blue below your query.[/COLOR] [QUOTE=ps001;465597]This thread has been very informative ...Thanks to Anuj and Kulkama. However I still have ...

You can even consider setting up a trust in India which shall hold the property till the child turns 18.

Anuj

Rajesh Sir, My thoughts are provided in green. [QUOTE=RAJESH H DHRUVA;424538][COLOR=#0000CD]Dear anuj106, [/COLOR][COLOR=#0000CD]Best wishes RAJESH H DHRUVA [/COLOR][/QUOTE] [COLOR=#0000CD] 1. In the instant case also you have opined incorrectly ignoring the provisions of India-UK Double Taxation ...

Hi Arjun & Zen, In my view if your purpose was to help your parents then ideally funds should have been transferred to your parents accounts on which they could have earned interest and also paid Indian Taxes. I am not sure whether you had filed Indian income Tax returns or not for the same. It ...

Dear Wapis, As per Income Tax Act , there is a provision of clubbing of income in hands of spouse who transfers money to her spouse without consideration. So, there can be income tax issues when you plan to do the same . There shall be no repatriation issues once funds are received in India in ...

[FONT=&amp][B]Dear Rajesh Sir, [SIZE=3][FONT=arial][/FONT][/SIZE][/B][SIZE=3][FONT=arial]In the present case the word ?for the purposes of employment outside India? can also be interpreted to mean going abroad in the course of employment on deputation. The dictionary meaning of employment is an ...

Rajesh Sir, In response to your post in point no. 7, I wish to clarify that US Company is not required to obtain PAN if it doesn't have any income accruing or arising from India, but it is always preferable to have a PAN . For filing of TDS returns only TAN is necessary and I have been filing TDS ...

Rajesh Sir, My thoughts are provided below your opinions. Anuj [QUOTE=RAJESH H DHRUVA;424545][COLOR=#0000CD]Dear anuj106, [/COLOR][COLOR=#0000CD] [/COLOR][/QUOTE] [COLOR=#0000CD] 1. In the instant case also you have opined incorrectly based on and stating "whatever little you know about US Law".A ...

My view points are provided below the questions in blue. [QUOTE=kreati;423117]My Uncle an US Citizen, is passing his old age in India and is resident as per Indian tax laws. He receives Social Security pension in form US Government, which is credited to his US Bank account and then as and when ...

Skvl, Sorry although your query has been directed to Rajesh, I may like to give my views on your query(without anyone's permission). As you were resident in India for only 117 days and thereafter you had moved to UK for the purpose of employment, your status for Assessment year 2010-11 becomes as a ...