My Client has not yet open his NRO account in india and he trasnferred some money to his savings Account India. for F.Y. 2016-17 (ay 2017-18) his ITR 2 as NRI. though there is no problem in Income Tax Act but i have doubt whether he could face any penalty in FEMA act after filing his ITR. thanx in advance.
Shyam Joshi & Associates
Pune
B.Com
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R P S K & Associates
Nashik
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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