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)
Quick Summary
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 Topics :
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
Related Topics :
CAclubindia
