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Income Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

Income received from outside India in foreign currency - ...


Income from Foreign Employers in NRE Account Exempt from Tax in India; Assessing Officer's Decision Overturned.

July 15, 2017

Case Laws     Income Tax     HC

Income received from outside India in foreign currency - taxabaility in India - sum received from two employers in a Non-Resident (external) bank account, as NRE account - AO was wrong in adding the aforesaid sum to the income chargeable to tax of the assessee for the relevant assessment year. - HC

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