Nri investment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 January 2018 A person has filed income tax return in NRI quota for last year ie 2016-17.
She doesn't have Aadhar card of India. She is US citizen and having many investment in India in form of Mutual fund,SIP,Fixed deposits, Demate Account, bank saving account etc

Now what would be treatment for this investment.

Please guide as last date of linking Aadhar is 31-Mar-18 and she can not have Aadhar card.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 January 2018 For NRI liking of Aadhar card is not required.

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Querist : Anonymous

Querist : Anonymous (Querist)

05 January 2018 Currently all investment are of India resident. As all investment done before she become US citizen.
Currently her account is also in Saving Bank account.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 January 2018 Change savings bank account as NRO account.

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