Is there any tax benefits available to an RNOR under Indian income tax?
Please quote specific sections of the act,if any, applicable to RNOR.
Naveen.N
(student)
(1021 Points)
Replied 09 July 2013
What kind of Tax benefit are you looking for... WHETHER RNOR is having Salried Income or Other Types of Income .
Kindly provide the details to get explainations ..
Roshan A
(Chartered Accountant)
(458 Points)
Replied 10 July 2013
He is a salaried person and also has a bank account in USA(formerly his salary account).Whether any tax implication on the balance or interest thereon.Also i wanted to know about interest he earns on his SBI NRE account .