NRI Income
This query is : Resolved
Quick Summary
Raushan Agrawal
(Querist)
30 November 2020
I am a NRI and getting salary from foreign employer in that country which is taxfree. Now i am sending the money from Foreign Country to my NRE account at India and making online FD from NRE Account. The NRE FD is showing in SFT Transaction in Form 26AS.
Whether I need to show the transferred amount to NRI account as exempt income or no need to show the same in Income tax Return.
Whether I need to show the transferred amount to NRI account as exempt income or no need to show the same in Income tax Return.
Srishti Agrawal
(Expert)
30 November 2020
if it is earned in the same financial yr, you should show as exempt income, otherwise not needed.
Message likes :
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CA R SEETHARAMAN
(Expert)
01 December 2020
No need to show the same in Income tax Return.
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1 times
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