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Int on SH and FD acc in NRE and NRO acc
How to show interest rec'd in SB account and FD account in NRE and NRO account, while filing ITR returns?
Replies (5)
For interest of NRE account its exempt, under 'schedule EI'.
For interest of NRO acc, its taxable u/h. 'IFOS'.
For FD interest also same condition applies ah??
Yes, indeed.
Thank you very much
Most welcome.
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