27 April 2013
Dear, As income of NRE account is exempt u/s 10 4 (ii) under the Indian Income tax act, 1961.
My assessee is a Resident of United Kingdom and NRI under Indian Income Tax.
If assessee earn any income in India which is exempt as per indian income tax act, whether this income is liable for tax in United Kingdom as the assessee is resident of united kingdom.
CAclubindia
