Income credited to NRE

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This discussion clarifies the taxability of salary income credited to an NRE account for individuals who are considered resident in India. Even if the income originates from overseas employment, if an individual's residential status is deemed 'resident' in India for the financial year, that income is generally taxable in India. Relief may be available for taxes already paid abroad.

jayam

jayam (Querist)
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04 May 2021 Dear sir

Please note that one of my client got a teaching job outside india in FY 20-21 , but due to covid she had to go for online coaching from India and hence residential status is that of resident, will she be liable for tax on salary income credited to NRE

Jayam P V

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 May 2021 Yes, she is being resident liable for tax in India'on salary income credited to NRE account. Relief can be claimed on any tax deducted outside India.

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jayam

jayam (Querist)
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04 May 2021 thank u sir for the timely reply