Regarding taxation of nor subsequently turning to or
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 March 2015
A NOR Has a amount in FOREIGN BANK.Subsequently he becomes OR.What will be the tax treatment of the same amount if he wishes to invest it in india
31 March 2015
just having balance in bank doesnt fit in defit in defintion of "income" as per income tax act.
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