NRI PROVISION
This query is : Resolved
Naval Agrawal
(Querist)
27 April 2011
AN NRI HAS RECEIVED ONLY INTEREST AMOUNT RS. 45000/- FROM NATIONALISE BANK ON SAVING A/C. IN INDIAN ACCOUNT. CAN NRI WILL GET BASIC EXEMPTION i.e. 160000/- on this amount Rs. 45000/-.
CA MANOJ GUPTA
(Expert)
28 April 2011
OBVIOUSLY YES
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