Nri income tax

Efiling 238 views 1 replies

This year ITR-1 contains a new field to report exempt income for reporting purpose only.

In case of NRI having salary income from foreign employer. Income was earned and received outside india and not taxable as per IT Act. The said Salary Income was transferred by the NRI employee to his Indian NRE Account.

Whether this income also need to report in exempt income field of ITR-1.

Regards,

Raushan Kumar

 

Replies (1)

The transfer of funds from foreign bank account to own Indian NRE account is not income, and hence need not be declared in any ITR.


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