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Question ID : 42217

Exemption limit for NRI

Whether Tax Exemption limit for NRI ( A person left India in Dec 19 and was not present in India during 2020-21 Financial year) will ne Rs 250000- only . Whether he is eligible for deductions under Chapter VI (80C,80TTA etc) and Tax Rebate under sec 87A

Posted by Mahesh Kumar on Feb 14, 2022

Filed Under DIRECT TAXES

Answer ID : 81418

NRI threshold limit for NRI is same as that of resident individual. He is also eligible for Chapter-VI-A deductions and tax rebates under section 87A.

Posted by CA. chunauti dholakia on Feb 16, 2022