Taxes if residing in India on OCI


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pritesh_patel   
Member since: Mar 09
Posts: 26
Location:

Post ID: #PID Posted on: 16-04-09 11:25:11

Hi,

If I hold OCI on a Canadian passport and say live in India for like a year - do I have to file taxes in India?

Even thought I don't work their?

Thanks



KumarM   
Member since: Jan 09
Posts: 881
Location:

Post ID: #PID Posted on: 16-04-09 13:45:24

If my auditor is right, if you are getting rent and/or ineterest from FDs, I think you have to file for taxes even on OCI. Paying taxes and filing tax return are two different issues though.

KM





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