Nri income

Please Tell me

My one Client is NRI & He has Investement in MF Through NRE & NRO Account, So Whether Gain on sale of MF In both

NRE & NRO A/c Are TAXABLE????

and also say me Redevelopement Rent are Chargeble to Income From House Property in Statement of Total Income Under Rent Income>>>>>>

Replies (2)

Since under sec 10(38) ther is no specifice exclusion for exemption for NRI's in ma view exemption is availiable provided dat suc other conditons as mentioned in dat sec is fulfilled.

FOR any income to be chg under house property head ther has to landlord tenant rel and such income should be due to it, mere name will not suffice so check wther der is any rent agrrement made bet dem, if yes den its chg under house property head.

if Agreement not done than???

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details