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NRO/NRE Accounts


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Posted

What are the tax implications for holding these accounts in India or US? How do you report the interest from these accounts if any in ITR filings?

 

Posted
3 minutes ago, Galactus said:

What are the tax implications for holding these accounts in India or US? How do you report the interest from these accounts if any in ITR filings?

 

Majority report seyyaru. 

Posted
4 minutes ago, snoww said:

Majority report seyyaru. 

I want to report ba , honest batch ikkada

Posted
2 minutes ago, Galactus said:

I want to report ba , honest batch ikkada

Use FBAR ..only i think if income in india certain limit 10000$(not sure exact limit) ..just check with your CPA

  • Upvote 1
Posted
Just now, ForEverJava said:

Use FBAR ..only i think if income in india certain limit 10000$(not sure exact limit) ..just check with your CPA

oh ok , thanks

Posted

Does not matter income.  Holdings  report cheyyadaaniki fbar.  8 yrs nunchi reporting ikkada

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