Messages

Thank you very much for ur reply sir. But however under Section 10B provision, it states that "Exemption should be claimed in the return of income". Whether that phrase indicates the amount claimed or else is it just exemption(irrespective of the amt.) to be claimed? Pls clarify

Regards
Azhar
Student

Dear Sir,

If the AO disallows certain expenses on account of non-deduction of TDS, is it possible to claim exemption on the amount disallowed? Kindly clarify.

Regards
Azhar
Student

As per my view, Investment in Property is restricted as per FEMA. Hence it is not applicable for Non-Resident. However you can refer section 115F which deals with long term capital gain on foreign exchange assets

Good Afternoon sir,

One of the Assessee Company filed its Return of Income after the Due date claiming U/s. 10B. Is it possible to claim exemption for the Return filed after the due date. Pls refer any case laws

Thanks

Regards
SBA Mohammed Azharudeen
Student