Whether NRO A/c is to be considered as a Savings A/c and can deduction u/s 80TTA be claimed for the Interest earned on NRO A/c by an NRI assessee. TDS u/s 195 is also deducted on the above interest.
30 July 2014
you can use NRE account also. however using NRO may be better option as the interest portion credit in NRE account may create issue from TDS perspective.
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