Non resident indian
Querist : Anonymous
Now my questions is
1. what are the tax implications on such interest. at what tax slabs is she charged to income tax.
2. Can her father who is in India, Sign the return on her behalf for submission of the Income Tax return
As to your second question, the daughter has to execute a power of attorney in favour of her father. Father can subsequently submit the ITR.
2.if she is a minor then yes else power of attorney required in his name
Querist : Anonymous
Querist : Anonymous
else normal rates shall apply
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