Non resident
This query is : Resolved
24 March 2012
Whether interest earned on NRO Account by the non resident is considered as taxable income as per Income tax Act?
24 March 2012
Yes. the interest income is taxable because it has accrued in India.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registration in the state of maharashtra
- Service Provider GST
- 44AD PRESUMPTIVE RATE ON CREDIT SALES
- 26B Form submission
- After retirement
- Input tax credit on officw kitchen furniture fixed to wall and drawers
- What is turnover in case of intra day trading?
- Input tax credit on modular office kitchen
- Capital Gains Tax - Short or Long - House Property
- SECTION 50C(2) Valuation by valuation officer
- TDS on advance amount paid to builder
- Query regarding filling form 112 during articleship
- Input Credit available in Credit ledger
- If the GSTR1 filed after due date and the invoices mentioned GSTR1-A, will we be able to claim ITC o
- REGARDING RETIREMENT OF PARTNER
- Regarding consequences of retirement of partner in firm
- Time Limit for Availment of ITC laying in ITC Reversal Ledger
- Tally entry - Debit note
- Debit Note of GST amount
- Regarding ITC taken or not
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
