Interest on nre fd with bank - exempt or not

This query is : Resolved 

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

28 January 2014 NRE FD exempt or not?

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

29 January 2014 TDS not deducted by bank.

29 January 2014 Ok, Since is is also NRE A/c & int earned is exempt.

Thx


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