Income from house property of nri
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 October 2011
HI
RESPECTED MEMBERES
I WANT TO IF A NRI HAS PROPERTY IN INDIA AND HE IS GETTING RENT FROM IT AND HE LIVES OUTSIDE INDIA.
SO I WANT TO KNOW HOW TO TREAT OF THIS UNDER HOUSE PROPERTY OF NRI CASES .
MY QUESTION IS THAT WILL THIS NRI IS ELIGIBLE FOR BASIC EXEMPTION LIMIT OF INCOME TAX OR CHARGABLE AS HIGH RATE I F HIGH RATE THEN AT WHAT RATE?
THANKING YOU IN ADVANCE
RESPECTED MEMBERES
I WANT TO IF A NRI HAS PROPERTY IN INDIA AND HE IS GETTING RENT FROM IT AND HE LIVES OUTSIDE INDIA.
SO I WANT TO KNOW HOW TO TREAT OF THIS UNDER HOUSE PROPERTY OF NRI CASES .
MY QUESTION IS THAT WILL THIS NRI IS ELIGIBLE FOR BASIC EXEMPTION LIMIT OF INCOME TAX OR CHARGABLE AS HIGH RATE I F HIGH RATE THEN AT WHAT RATE?
THANKING YOU IN ADVANCE
16 October 2011
NRI shall be taxable at normal rates (as per slabs)and basic exemption limit shall also be available.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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