Fcnr interest

This query is : Resolved 

22 February 2014 The interest on FCNR is exempted u/s 10.

What if the assessee becomes resident under Income Tax Act in any year, then is the intt still not to be included in taxable income?

23 February 2014 Hi

It is exempt till your status is Non resident.

Thx



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries