Foreign Exchange earnings


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Querist : Anonymous

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Querist : Anonymous (Querist)
29 December 2009 A person working in UAE has come back to india. He has savings in UAE Rs 15.00 lacs and now wishes to bring it to india through banking channel. Whether any income tax is payable by him on this transaction?

30 December 2009 whether he is resident, non resident or ordinary resident in indai?
also does saving relates to income which accrue or arise in india.


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