Menu
Taxability of FCNR Forward Instrument
Can anybody please explain how the FCNR deposit with a forward cover will be taxed on the maturity? We already know that the interest on such deposit is exempt under section 10.
Replies (1)
Exempt; but interest gets accrued annually.
Recent Topics :
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
Related Topics :
CAclubindia
