Non resident

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kiran (Querist)
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01 June 2016 if a non resident having two bank accounts ( one is in india and one is abroad).which account he can use for bringing euity to avoid tax ????????pls guide me????????????

Amol S Joglekar

Amol S Joglekar (Expert)
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01 June 2016 what is the CONNECTION between bringing the EQUITY and INCOME TAX? Can you please tell about your idea about the same?

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kiran

kiran (Querist)
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01 June 2016 thank you sir,,
i want to know which account is better to use for bringing equity????

Amol S Joglekar

Amol S Joglekar (Expert)
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01 June 2016 Both the accounts are at PAR so far as your activity of bringing equity is concerned. It has no any bearing from Income tax point of view. More important is SOURCE where you earned this money from. That decides its taxability or otherwise in India

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