Can an NRI, holding USA Passport and having OCI card & PAN card, invest in Indian mutual funds? If he does invest what will be the tax implications in USA? Thanks
Menu
Tax implication of indian mf investment in usa
Replies (1)
Any income which accrues/arises or received or deemed to be received in India will be taxable in India to (non resident, ordinary resident and not an ordinary resident) (sec 9)
Also check for Double Taxation Avoidance Agreement with USA
Recent Topics :
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
- Eway and e invoicing in condition where 4 party ar
- Bank balance in ITR-3
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
Related Topics :
CAclubindia
