EASYOFFICE
EASYOFFICE

Non resident assessee foreign assets

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 July 2017 IT HAS BEEN CLARIFIED THAT FOREIGN BANK ACCOUNT DETAILS NEED TO BE GIVEN BY NON RESIDENTS AND NOT ORDINARY RESIDENTS IN CASE OF REFUNDS ELSE IT IS NOT A COMPULSION.

1.WHAT ABOUT FOREIGN ASSETS OF A NON ORDINARY RESIDENT IN INDIA.
IS IT TO BE DECLARED COMPULSORILY OR VOLUNTARILY WHILE FILLING ITR.
2.IF A NON ORDINARY RESIDENT HAS A RENTAL INCOME FROM FOREIGN PROPERTY WHICH IS BEING PAID IN A FOREIGN COUNTRY ACCOUNT ,WHICH IS NOT TAXABLE IN INDIA(CORRECT ME IF I AM WRONG),DOES IT NEEDS TO BE DISCLOSED IN ITR ALSO.


28 July 2017 voluntarily you can declare.....no compulsion



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