NRI Income

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Raushan Agrawal (Querist)
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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.

Srishti Agrawal

Srishti Agrawal (Expert)
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30 November 2020 if it is earned in the same financial yr, you should show as exempt income, otherwise not needed.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 December 2020 No need to show the same in Income tax Return.

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