NRI remittances to SB A/c


This query is : Open 

02 April 2009 An NRI as per Income tax act is remitting money from salary earned abroad to his ordinaly SB account maintained in India

Is it necessasary that he maintain an Non resident account in the bank in India in order to claim his remittances as not taxable? Kindly quote circulars /references/sections if any.



Thanks ,

Anil.




02 April 2009 YES HE NEED TO MAINTAIN NRI ACCOUNT.

02 April 2009 Can you please quote sections or any references please?

Thanks


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query