Tax free interest income on nre fixed deposits.how to disclose in itr?
This query is : Resolved
30 July 2014
My client returned from US after 2 years in July 2013..He had opened an NRE SAVINGS account in India to tranfer some of his income from US to India..The interest earned on NRE Savings account and the Interest earned on FDs made from NRE account are tax free because of Avoidance of double taxation treaty...The bank did not deduct a single amount of tds on his NRE FDs..The interest amount is 95800..This income is tax free but please tell me how to show this income in ITR1/ITR2...Where to put this amount of 95800?
31 July 2014
in "EI" sheet.........ITR 2 shall apply.
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
- TDS in case of Inoperative PAN under Section 192A
- How to reclaim rent paid on behalf of a registered person?
- IGST of Feb 23, Can we claim ITC now?
- NSC interest taxability at maturity
- Interest On TDS under section 201(1A)
- Trust audit of Mumbai
- RCM on Commercial Godown
- GST order u/s 73
- TDS us 194IB
- Salary to workers
- Lease Rent Vs Fair Rent
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
- CA FINAL Group-1 Completed
- B2C Large Invoice Reporting Requirement
- Different payment bank or method used rather than AD Code registered bank
- Articleship Registration 2024
- Trust Audit filling
- Delay condonation of audit report of a trust
- Credit Note Issue in GST
Trending Online Classes
CAclubindia
