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Old 9th February 2007, 14:29   #301
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Sorry, Sir, Any gift to a non relative is fully taxable!! so no tax benefit!!
well, my knowledge on the subject is limited to a news report i saw on tv last night...guilty as charged...
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Old 9th February 2007, 14:34   #302
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Not your fault karl. These news channels have a habit of blabbering anything once they get so called "BREAKING NEWS"

Aaj tak even had a whole programme on the Bentley issue titled " Bunty ki Bentley"

yuckkkkk
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Old 9th February 2007, 14:37   #303
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Aaj tak even had a whole programme on the Bentley issue titled " Bunty ki Bentley"
yuckkkkk

hehehe tell me bout it! pop and myself were discussing that last night...talk about poor taste! and why is everyone calling it a convertible?
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Old 9th February 2007, 17:54   #304
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Is Big B going to buy a new home to house the continous entrant of these luxury vehicles? What could be all your guesses as to how many cars Big B and Small B own? My rough guess would be around 12-15 luxury cars

If anyone knows the number and names of the cars, please post
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Old 10th February 2007, 21:22   #305
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Originally Posted by scooby05 View Post

Sorry, Sir, Any gift to a non relative is fully taxable!! so no tax benefit!!

just found out it is taxable only if the gift is cash. If the gift from a non relative is in kind then it is tax free.

hence the RR is tax free for Mr. B.
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Old 28th February 2007, 11:45   #306
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Default Rolls Royce in Pune.

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Old 28th February 2007, 12:02   #307
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@cncity :Thats not pune, thats the leela in Mumbai. Pics of this car are already in the Rolls Royces in India thread. That car is almost always standing right there.

Last edited by khanak : 28th February 2007 at 12:03.
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Old 28th February 2007, 12:11   #308
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just found out it is taxable only if the gift is cash. If the gift from a non relative is in kind then it is tax free.

hence the RR is tax free for Mr. B.
Can you give me the clause and notification nos in the IT act for this? Since cash or kind from nonrelative is both taxable in my info!
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Old 28th February 2007, 12:39   #309
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Hey guys i have heard a phatnom with 21inchers in delhi and black tints and black colour hey any body have some pics .............. god how

that car would look like man cant imagine.
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Old 28th February 2007, 19:14   #310
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Quote:
Originally Posted by CHIP View Post
Hey guys i have heard a phatnom with 21inchers in delhi and black tints and black colour hey any body have some pics .............. god how

that car would look like man cant imagine.
Go to my 'Neighbours' thread
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Old 28th February 2007, 19:45   #311
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Quote:
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Hey guys i have heard a phatnom with 21inchers in delhi and black tints and black colour hey any body have some pics .............. god how

that car would look like man cant imagine.
There is no Black phantom in Delhi.. all Phantoms come with standard 21 inch rims..
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Old 28th February 2007, 23:01   #312
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how big is the fuel tank of the rolls royce Phantom ??
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Old 1st March 2007, 08:46   #313
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HEY rev tech its 105 liters with average of 5 KM in 1litre with mixed highway and city cycle...
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Old 2nd March 2007, 21:19   #314
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Hey guys. our demo Rolls had been to Delhi recently.. came back today morning.. Well the thing is when the car was on its way back on NH-8 on the Ahmedabad expressway, the car was put in cruise control at 120 kmph.. and the car gave an astonihing consumption of 11.4 km/L.. And thats done by an 6.75litre V-12!! Here is the pic taken on the on board computer..



Regards,
Mav!
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Old 2nd March 2007, 21:43   #315
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so there is more RR pahntom in India than Maybach (4 cars)
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