Non resident

This query is : Resolved 

24 March 2012 If the income of non resident individual is below taxable limit then he is required to file income tax return?

24 March 2012 NO IT IS NOT REQD

24 March 2012 Thanks for reply.
Can you give me reference of section?

24 March 2012 see section 139(1)

24 March 2012 Whether interest received on NRO account is considered as taxable to NR individual as per income tax act?

24 March 2012 Whether interest received on NRO account is considered as taxable to NR individual as per income tax act?

25 March 2012 The interest earned on NRO account is taxable in India.

Regards

CA. Laxmikant Saini



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