SIR,
A PERSON HAVING BUSINESS IN FEW OVERSEAS COUNTRIES. HE IS THE PROPRIETOR OF ALL OF THEM.,
BUT HIS BUSINESS MANAGED BY EMPLOYEES, HE IS MORE THAN 220 DAYS LIVES IN INDIA, ALL HIS INCOMES ARE DEPOSIT MONEY IN TO HIS INDIAN BANK ACCOUNTS,
IS THESE AMOUNTS ARE CONSIDERED NRE INCOME OR NOT?
CAclubindia
