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Regarding taxation of nor subsequently turning to or

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Querist : Anonymous (Querist)
31 March 2015 A NOR Has a amount in FOREIGN BANK.Subsequently he becomes OR.What will be the tax treatment of the same amount if he wishes to invest it in india
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
31 March 2015 just having balance in bank doesnt fit in defit in defintion of "income" as per income tax act.

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