Hello respected members. If any NRI sent 500000 rs from his foreign account. And he accrue 3000 from saving bank account.
And someone deposited 200000 in his account from India.
When we file his itr then can show
is 203000 is his income from other sources?
And important question is. We should show 500000 in his itr anywhere? Or no requirement to show because its exempted from tax?
Menu
Nri income
Replies (2)
Quick Summary
Yes can show 203000 as Other Sources. No requirement to report 500000 anywhere in ITR
Thanku sir
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
