Query regarding deductions to non resident
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2015
A Non Resident individual has made a payment of Rs. 150000/- towards PPF in the Previous year 2014-15 . However the PPF account was opened when he was a Resident in India.
Will the Non resident individual be entitled to deduction under section 80C of the Income Tax Act, 1961.
Please assist.
Will the Non resident individual be entitled to deduction under section 80C of the Income Tax Act, 1961.
Please assist.
04 December 2015
Yes deduction u/s 80C can be claimed by NRI.
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