Treatment of FCNR and NRE interest earned post becoming a Resident

Prasad Balakrishnan (Proprietor) (41 Points)

27 June 2022  

An NRI post becoming a resident (AY 22-23) holds FCNR and NRE deposit. Should the interest earned on these deposit be included in the income. Interest on FCNR deposit at what rate will it have to converted and included if it has to be included. Is there any disclosure of this deposit in the ITR. Kindly guide.