tax filing
by pius on Jan 17, 2005 01:21 PM Permalink

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

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