Income tax on commercial rent for nri

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2016 As an NRI, I hav brought a commercial warehouse with funds from NRI account. However, the rentals are being deposited in my NRO account and my auditors scrutinising all sources of funds with minute details in NRI account.
Does this justify or focus should be on my NRO account and deposited rental amounts for tax filing ?
Thankyou for your support and advise.

09 March 2016 Better the auditor check your source of funds for your investment later you will not face any problem from tax authorities.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2016 Thank you Mr Seetharaman
Really appreciate your response, will follow likewise


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