some one is non resident and drawing salary that is credited to his NRE account.
so this income is exempt from Indian Income tax.
but he is filing his return of income for his indian income , such as bank interest , capital gains etc.
the query is as follows.
should that person disclose his salary income also that is exempt?
if so , in which column.
he is filing ITR 2.
would be much obliged if some one can clarify.
1. If the salary income is taxable and we are claiming an exemption under DTAA then yes it is required to be reported in ITR under exempt income schedule.
2. If the salary income is not taxable as per the provisions then there is no requirement to report it in in the ITR.
Someone can correct me if anything above is incorrect.
CAclubindia
