Itr necessary for income from nre fd?

Seprac (13 Points)

25 July 2018  

Dear All,

 

I would like to clarify regarding ITR for an NRI who has FDs in NRE account. It is tax free in India.

If the person has income only from this NRE FD to a tune of 5 lakhs (which is tax free), does he still need to file and report this income in ITR2?

 

Regards

 

Seprac