Search found 5 matches

by nashontheweb
Mon Jul 02, 2012 11:00 pm
Forum: Global Finance & Economy
Topic: List of members r2ied to Bangalore
Replies: -1
Views: 20

List of members r2ied to Bangalore

Member ID: nashontheweb
Year of Return : 2010
Area : HSR Layout
by nashontheweb
Wed Jun 15, 2011 10:46 pm
Forum: Community Lounge
Topic: RNOR Filing Return : Does Overseas Income Have to be declared in ITR?
Replies: -1
Views: 0

RNOR Filing Return : Does Overseas Income Have to be declared in ITR?

Thanks KKA and dbs! I can see that opinion is divided (KKA says no need to report; dbs says report under tax exempt income). KKA, I take it that when you say "active" income, you mean if I go overseas on assignment and earn fees or am paid an allowance overseas - this will be taxable, even if my tax ...
by nashontheweb
Thu Jun 09, 2011 7:57 pm
Forum: Shipping Companies & Experience
Topic: Invest/trade in Indian Mutual Funds
Replies: -1
Views: 4

Invest/trade in Indian Mutual Funds

Hi fundoo. If you are looking for the equivalent of Vanguard, I suspect there isn't one which is as big or offers that range of funds. Having said that, there are several reasonably big Fund Houses - UTI, HDFC, ICICI, Birla Sun Life - to name a few. Most of these offer the option of investing online ...
by nashontheweb
Thu Jun 09, 2011 7:33 pm
Forum: Community Lounge
Topic: Tax filing in India
Replies: -1
Views: 0

Tax filing in India

Hi, On the apartment that you are purchasing, there is no need to declare it in your ITR (if you choose to file a return to recover the TDS deducted on your NRO deposits). In the past, it was required to report several high value transactions ( this included transaction in immovable property over Rs ...
by nashontheweb
Thu Jun 09, 2011 12:36 am
Forum: Community Lounge
Topic: RNOR Filing Return : Does Overseas Income Have to be declared in ITR?
Replies: -1
Views: 0

RNOR Filing Return : Does Overseas Income Have to be declared in ITR?

Hi, Within the RNOR period, when filing returns, does one have to declare overseas income ( which is exempt from tax)? My assumption is that since this is not taxable, this need not be reported in ITR (until it becomes taxable when status changes to ROR). My friend says it must be reported and ...

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