NRE Interest Income applicability
This query is : Open
07 July 2026
I am a resident taxpayer filing my return under Section 44AD and have received interest of ₹356 from my NRE account. Kindly clarify whether this interest is exempt or taxable. If it is exempt, please specify the relevant section under the Income-tax Act under which the exemption is available; if taxable, please confirm whether it should be reported under the head "Income from Other Sources."
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