Interest income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 March 2012
whether interest earned in NRE a/c by NRI is taxable in India or Not ?
16 March 2012
Seems exempted from Income tax. Please see section 10(4)(ii) of the Income tax Act,1961.
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2012
thak u very much sir
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