Residence out side india since January 1998 to July 2015
income earn Deposit in bank as FD: 50L
Monthly payout: 35000
NRE account
is there exemption for interest earn on FD under section??
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exempt income
Replies (3)
What is the maturity date of the FDs?
Whether bank informed about change in residential status?
is maturity of FD is relatable it can be renewed?
yes bank informed
yes bank informed
Tax Exemption is only for NRI, not for residents.
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