Dtaa
This query is : Resolved
04 December 2015
Sir
One of my client is an NRI having income from NRO FD, The Bank has deducted Rates under DTAA and Please Confirm whether the assessee is required to file the return and if on filing Whether normal slab will apply or DTAA rates will apply and please help me to find out the relevant section in the act .is it 115 G. Whether the investment income mentioned does not include interest on FD also
Thanking you
JAya
One of my client is an NRI having income from NRO FD, The Bank has deducted Rates under DTAA and Please Confirm whether the assessee is required to file the return and if on filing Whether normal slab will apply or DTAA rates will apply and please help me to find out the relevant section in the act .is it 115 G. Whether the investment income mentioned does not include interest on FD also
Thanking you
JAya
04 December 2015
On filing the return normal slab rates will be applicable. Income from NRO FD is not investment income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR 1: Details for showing Exempt Income
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
