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Q. > Please Help: Tax on NRI deposit
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114 views • Question added Jul 10, 2013 • Income Tax • By vimal roy , CA , Thiruvananthapuram


One of my client returned to India on 1.4.12. He has NRI deposit. Bank manager told his there is no tax for his income from NRI deposit for next 2 years. please advice.

1 Answers

answered Jul 11, 2013 by SUBHASH KUMAR JHA , Darbhanga

YES IT IS CORRECT , INTEREST ON NRI DEPOSIT IS FULLY EXEMPTED


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SUBHASH KUMAR JHA

11-Jul-2013 , 02:26:30 pm

YES IT IS CORRECT INTEREST ON NRI DEPOSIT IS FULLY EXEMPTED

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SUBHASH KUMAR JHA

11-Jul-2013 , 02:27:32 pm

YES IT IS CORRECT INTEREST ON NRI DEPOSIT IS FULLY EXEMPTED

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