Interest Income - Non Resident

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..... NRI in US earns interest income in India on NRO account both SB and FD. As per Article 11 of DTTA between India and US, Interest income from India is taxable in USA. It is further stated t .....

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..... hat India may also tax such interest income subject to maximum rate of 15%. Definition of Interest as per DTAA means income from debt claims of every kind whether or not secured by mortgage .....

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..... In the above circumstances, whether the said NRI can avail concessional rate of 15% tax on interest income (NRO account) in India. - Reply By Charu Tyagi - The Reply = Yes, He can avail benefit of .....

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..... concessional rate of tax on NRO account. - Interest Income - Non Resident - Query Started By: - Ethirajan Parthasarathy Dated:- 19-1-2023 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - .....

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..... Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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