Int on SH and FD acc in NRE and NRO acc

Divya Priya (student) (333 Points)

24 April 2019

How to show interest rec'd in SB account and FD account in NRE and NRO account, while filing ITR returns?

Reply
Follow
Share

5 Replies

Darshan Kartik (Manager) (302 Points)
Replied 25 April 2019

For interest of NRE account its exempt, under 'schedule EI'.

For interest of NRO acc, its taxable u/h. 'IFOS'.

3 Like

Divya Priya (student) (333 Points)
Replied 25 April 2019

For FD interest also same condition applies ah??

Darshan Kartik (Manager) (302 Points)
Replied 25 April 2019

Yes, indeed.

3 Like

Divya Priya (student) (333 Points)
Replied 25 April 2019

Thank you very much

1 Like

Darshan Kartik (Manager) (302 Points)
Replied 25 April 2019

Most welcome.

3 Like

Start a New Discussion