Regarding itr for a nri
This query is : Resolved
19 March 2015
NRI got salary from UAE. He has short term capital gain in India F.Y. 2013-2014. So he has to pay tax on capital gain @15%. Now the question is (1) whether he has to show the salary in the ITR-2 under Schedule S and FSI? or (2) Under schedule EI (exampted income)?
Note that if the Salary is taken under Sch S the tax is automatically calculating on this income, though it is non taxable income.
Note that if the Salary is taken under Sch S the tax is automatically calculating on this income, though it is non taxable income.
19 March 2015
Show it under schedule EI (exempted income).
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