|
tax filing
by pius on Jan 17, 2005 01:21 PM
Dear Mr.Domnic
I am an NRI as I work on foreign passenger ships
and as such my earnings are in foreign currency
which I remit from abroad to my NRE account.I
work for 8 or 9 months and I am home in india
for 3 or 4 months. I own a house in Bhyander of
675 sq.mts and a Shop of 270 sq.mts which I have
leased for a monthly rent of Rs- 1900/.
I have 2 fixed deposits of NRE and my wife is a
housewife and hence her earning is nil.
Am I liable for Tax?
If so. Is it on my NRE or on the Shop rent which
falls under the stipulated amount.
Do NRE seaman get any Tax benrfit as I am told that
NRI are exempt from Tax paying for a certain period.
Pls advise.
Thankyou
Pius Dsousa
Forward | Report abuse
|
|
|
|
|
