Mere transfer of money into India by NRE is not taxable in India more so if the money pertains to post tax accumulations abroad.

The column in the return of income required you to furnish only the Bank Account no. The copies of the statements are required only if your case is taken up for scrutiny assessment.

Though it is work related to U.K the said income is taxable in India.

I need to pay income tax to Indian Government on capital gains. I have a NRO account with Citibank. What is the process for sending the payment to the Indian Income tax through Citibank? Can I authorize Citibank to pay the tax by deducting the amount from my NRO account? I do have a Chartered accountant who has prepared our tax liability.

1. They can invest in senior Citizen scheme out of the NRE account. When you become a resident in India the said interest will not be clubbed in your hands since it does not come under the provisions of sec 64 of the Act.
2. The question of clubbing in this case will arise only if the money in your wife's account is the result of asset transferred by you. If it is accumulated out of her own funds, the said income will not be clubbed in your hands.

1. There is no concept of conversion from a resident to a non-resident. If your physical stay in India during the previous year is less than 182 days you become a non resident and the declaration is to be made at the time of filing the return of income.
2. Since you are working for an Indian company and employment source is India your US salary is also taxable in India subject to double taxation relief in respect of the taxes paid in the US

This is a little complicated from FEMA ( foreign exchange law) perspective. It is important to know how the foreign inward remittance in to your father' account was termed. The banker should be approached to give a certificate that this was intended for purchase of property and you/father should seek permission from the banker for repatriation. This may have to go to the regional office of the RBI for approval as this can be viewed as a temporary loan transaction to your father. You may in case the banker is not aware of the procedures, take the help of a consultant in this field to take care of the procedures.

1. Effective 1st Sept 2004 any sum received exceeding Rs 25000/- is subject to tax in the hands of the recipient.
2. Yes. The limit is available without any age limit.

Once you have gone abroad to live with your children and your stay in India is less than 182 days during the previous year you will be treated as a Non-resident. The return of Income will have to be filed as Non-resident. Citizenship status has nothing to do with the test of residence. You also will have to inform the companies about your change of status from resident to non-resident. The benefit of section 88 and 80L deductions are available to non-residents.

Since the sale value of Rs 15 lakhs is just equal to the cost of acquisition and cost of improvement on the basis of the date given there is no capital gains tax. Incidentally the cost of acquisition can be indexed based on the index factors notified in the law.

Once you have gone abroad to live with your children and your stay in India is less than 182 days during the previous year you will be treated as a Non-resident. The return of Income will have to be filed as Non-resident. Citizenship status has nothing to do with the test of residence. You also will have to inform the companies about your change of status from resident to non-resident. The benefit of section 88 and 80L deductions are available to non-residents.

Since the sale value of Rs 15 lakhs is just equal to the cost of acquisition and cost of improvement on the basis of the date given there is no capital gains tax. Incidentally the cost of acquisition can be indexed based on the index factors notified in the law.

Since you are an NRI the exemption can be claimed or return can be filed in the NRI circle in any metro city. There is no need to furnish proof of tax liability in the other country since you are not availing any tax credits involving DTA. Redemption of equity-oriented fund, which is long term in nature, is exempt from tax by the finance Act of 2004. Retrospective claim of TDS is possible and the procedure would take about 2 years.
Income distributed from the coop society is not agricultural income but treated as income from other sources. Finance Act 2004 has only a prospective effect unless a specific proposal states that it has retrospective effect.

If you had deposited the salary earned in Mexico to you account in India directly there is no tax issue in India. But it is not clear why your friend has deposited it in your account. That being the case it can be treated as income in your hands by virtue of section 2(24) (xiii) of the Act.

Transfer of funds from Dubai to India does not involve any tax liability in India.