is interest recieved on NRE account taxable?
4 Replies
Venkat
(Student)
(74 Points)
Replied 25 November 2011
Any Income to Indian Resident is taxable whether income received in India or Outside India
Venkat
(Student)
(74 Points)
Replied 25 November 2011
Here in this case. Person is Non resident Indian the same is not taxable as the interest income arise out of the deposits in NRE account.
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