https://www.taxtmi.com/acts?id=40788 Income accruing in a specified retirement benefit account maintained in a notified country may, at the option of the specified person, be taxed in the year of withdrawal or redemption in the notified country. The option must cover all specified accounts, be filed electronically in Form No. 10-EE by the due date, and continues for subsequent years unless the person becomes non-resident, in which case it is treated as never having been exercised from that year. The rule also excludes income already taxed or not taxable in India when accrued, and disregards foreign tax paid for foreign tax credit computation. en-us Tue, 05 Apr 2022 09:59:39 +0530 Tue, 19 May 2026 17:30:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40788 Income accruing in a specified retirement benefit account maintained in a notified country may, at the option of the specified person, be taxed in the year of withdrawal or redemption in the notified country. The option must cover all specified accounts, be filed electronically in Form No. 10-EE by the due date, and continues for subsequent years unless the person becomes non-resident, in which case it is treated as never having been exercised from that year. The rule also excludes income already taxed or not taxable in India when accrued, and disregards foreign tax paid for foreign tax credit computation. Act-Rules Income Tax Tue, 05 Apr 2022 09:59:39 +0530 https://www.taxtmi.com/acts?id=40788