Query on NRI remittance to normal SB a/c

Tax queries 967 views 2 replies
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1638 Points Joined October 2007

An NRI as per Income tax act is remitting money from salary earned abroad to his ordinaly SB account maintained in India

Is it necessasary that he maintain an Non resident account in the bank in India in order to claim his remittances as not taxable? Kindly quote circulars /references/sections if any.

 

Thanks ,

Anil.

 

 

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On 02 April 2009 at 16:15 Report
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C.A.
308 Points Joined February 2009

An NRI has to open an NRE A/c for his foreign remmitances. It is surprising that bank are crediting his normal SB A/c.

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On 02 April 2009 at 16:55
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1638 Points Joined October 2007
I request you to please quote any reference which says that NRI cannot send money to his SB A/c maintained in India. Thanks
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On 02 April 2009 at 20:41


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