Hi,
One of my NRI clients wants to know whether he is eligible to receive any rebate for investments made by him under Section 80 like the ones available to a resident from the tax due to be paid by him. An early response will be appreciated.
Thanks
most of the sections, say 80C, 80CCB, 80G etc, only the term individual is mentioned and therefore a NRI can claim the said deductions but in section, say 80DD, it is specifically mentioned that individual is required to be a resident of india and therefore the benefit of the said sections cannot be claimed. It is important to see the wording of the relevant sections.
Triveni Turbine Limited
Bengaluru
CA
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