Income from house property of nri
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 October 2011
HI
RESPECTED MEMBERES
I WANT TO IF A NRI HAS PROPERTY IN INDIA AND HE IS GETTING RENT FROM IT AND HE LIVES OUTSIDE INDIA.
SO I WANT TO KNOW HOW TO TREAT OF THIS UNDER HOUSE PROPERTY OF NRI CASES .
MY QUESTION IS THAT WILL THIS NRI IS ELIGIBLE FOR BASIC EXEMPTION LIMIT OF INCOME TAX OR CHARGABLE AS HIGH RATE I F HIGH RATE THEN AT WHAT RATE?
THANKING YOU IN ADVANCE
RESPECTED MEMBERES
I WANT TO IF A NRI HAS PROPERTY IN INDIA AND HE IS GETTING RENT FROM IT AND HE LIVES OUTSIDE INDIA.
SO I WANT TO KNOW HOW TO TREAT OF THIS UNDER HOUSE PROPERTY OF NRI CASES .
MY QUESTION IS THAT WILL THIS NRI IS ELIGIBLE FOR BASIC EXEMPTION LIMIT OF INCOME TAX OR CHARGABLE AS HIGH RATE I F HIGH RATE THEN AT WHAT RATE?
THANKING YOU IN ADVANCE
CA. Anuj Gupta
(Expert)
16 October 2011
NRI shall be taxable at normal rates (as per slabs)and basic exemption limit shall also be available.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
