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About nri income

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(Querist)
30 August 2012 Mr Sunil works in Nepal. He have not got nationality of there. He send cash money from Nepal to India in SB a/c through online .

In this case how we should show this income in balance sheet.

And Is Interest on NRI A/c taxable ?
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Praveen Kumar Rathi

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Praveen Kumar Rathi (Expert)
01 September 2012 income will be taxable on his residential status .

Yes, interest is taxable.

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