TaxTMI 
TaxTMI 
Please advice whether an Individual is required to report Income & Gain from both NRE and NRO account in India for filing Income tax return or is liable to tax only in respect of NRO Income & Gains.
NRE A/C of NRI'
18 Jul 2016 
2 Replies 
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Tax reporting for NRE and NRO accounts: whether both account incomes must be declared on an Indian income tax return.
Whether an individual must report income and capital gains from both NRE and NRO bank accounts when filing an Indian income tax return, distinguishing account types; the document identifies NRO account as a Non Resident Ordinary Account and frames the operative question as which account receipts must be declared on the taxpayer's return. (AI Summary)
Whether an individual must report income and capital gains from both NRE and NRO bank accounts when filing an Indian income tax return, distinguishing account types; the document identifies NRO account as a Non Resident Ordinary Account and frames the operative question as which account receipts must be declared on the taxpayer's return. (AI Summary)
