Easy Office
LCI Learning

Re : taxation of nri

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 December 2012 Dear Sir,

If a NRI has income of Rs. 240000/- on account of income from house proerty in india. how it will be taxed in india & which ITR will be applicable.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
12 December 2012 for individual use ITR 1. For the financial year 2012-13, you need to compute the NET rent. If it exceeds the basic exemption limit of INR 200,000, then income tax is required to be paid.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links