Menu
INTERST ON NRO FIXED DEPOSIT IS EXEMPT INCOME OR TAXABLE
I worked abroad for 03 years , GOI EMPLOYEE. came back on 29 Sep 21. will interest on NRO/NRE fixed deposit taxable or exempt income FOR AY 21-22. which form to be filled ITR1 OR ITR2
Replies (2)
As per FEMA act, the person is PRI, hence the interest is taxable for AY 2021-22.
Though Deduction u/s. 80TTA or 80TTB, as applicable, can be claimed.
File ITR 2.
Thank you sir
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
