PDA

View Full Version : Assessee invested in fixed deposit with SBI NRE account in US$ out of income from for


TNSEN
Dec 30, 2009, 03:59 AM
Assessee invested in fixed deposit with SBI NRE account in US$ out of income from foreign currency when his status was NRI in earlier year. Now his status is resident. Whether interest accrued on above F.D. in US$ is taxable for the current year?

AtlantaTaxExpert
Dec 30, 2009, 09:53 AM
Redundant question; already answered.

MukatA
Dec 30, 2009, 05:15 PM
Your question is about India taxes. This forum is about the U.S. taxes.