25 August 2013
Mr A stays in dubai and he gets his income in dubai as dubai is tax free country he income will not be taxed there. His family is basically in bangalore Mr A has opened a NRI a/c in one of the bank in bangalore and transfers fund from dubai. his balance in NRI A/c is around 15lacs. he has PAN number and has not filed any return of income al this years. now he wants to buy a site in blore from the funds available in NRI A/c in blore. Should he have to file his return of income in india. if yes whether its exempted or the whole income is taxable