Please Help: Tax on NRI deposit
Posted Date : 10-Jul-2013 , 02:04:37 pm | Posted By vimal roy
One of my client returned to India on 1.4.12. He has NRI deposit. Bank manager told his there is no tax for his income from NRI deposit for next 2 years. please advice.
Category : Income Tax | Answers : 1 | Comments : 2 | Hits : 62
Answers
Answer By: SUBHASH KUMAR JHA
YES IT IS CORRECT , INTEREST ON NRI DEPOSIT IS FULLY EXEMPTED
Comments
SUBHASH KUMAR JHA
11-Jul-2013 , 02:26:30 pmYES IT IS CORRECT INTEREST ON NRI DEPOSIT IS FULLY EXEMPTED
SUBHASH KUMAR JHA
11-Jul-2013 , 02:27:32 pmYES IT IS CORRECT INTEREST ON NRI DEPOSIT IS FULLY EXEMPTED