Poonawalla fincorp
Poonawalla fincorp

Nri- tax on transfer of funds to india

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(Querist)
09 March 2012 Hello,

If a NRI wants to shift to India and for that purpose he transfer all his funds ( tax on which is paid in the foreign country) to India, whether he has to pay income tax in India on that amount?

Thanks
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
10 March 2012 No tax is required to be paid in India on the same.

Anuj
+91-9810106211
femaquery@gmail.com

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