Tax applicability for interest on foreign investments

SENTHIL SELVENDRAN (chartered accountant) (199 Points)

29 June 2015  

Hi

One of my client who was working in Newzealand 18 years ago. He earned and invested some portion of amount in Deposit accounts. Now he withdrawing his deposit so that interest portion attracting tax in that country. Will the earned interest taxable in india? if yes  is any double taxation benefit is available? No he is a resident.