I am an Indian citizen and was working and living in the US for many years. I am visiting India for some time and qualify under the RNOR category.
I have been transferring money for my personal, day-to-day use from my US bank account to my India bank account. I have already paid taxes on this money in the US.
Do I owe any taxes in India on this inward remittance? I have no India based income.
CAclubindia
