Interest on nre fd with bank - exempt or not
This query is : Resolved
Rajendra Mehta
(Querist)
28 January 2014
whether interest on NRE FD with bank is exempt in case of NRI for AY 10-11,11-12,12-13 and 13-14.
28 January 2014
Hi
Interest on NRE account is exempt u/s 10(4) w.e.f. 1.4.1991.
Thx
Interest on NRE account is exempt u/s 10(4) w.e.f. 1.4.1991.
Thx
Rajendra Mehta
(Querist)
28 January 2014
NRE FD exempt or not?
Rajendra Mehta
(Querist)
28 January 2014
NRE FD interest is exempt or not?
28 January 2014
Hi
Yes any sort of NRE balance is exempt. Did bank deducted TDS?
Thx
Yes any sort of NRE balance is exempt. Did bank deducted TDS?
Thx
Rajendra Mehta
(Querist)
29 January 2014
TDS not deducted by bank.
29 January 2014
Ok, Since is is also NRE A/c & int earned is exempt.
Thx
Thx
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