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Income of oci tax liability

(Querist) 26 June 2015 This query is : Resolved 
One of my maternal brother is Singapore born citizen, he is having a house in India. The house was purchased by his father in the name of his sons (all Singapore citizen) and in the name of his nephews who were Indian citizen in the year 1970, at that time my brother was minor. Now though a builder a multi storied building has been constructed on that house in which my brother got two flats. The flats have been rented out 6500 RS per month per flat. The money is being deposited in an account opened with Singapore branch SBI. My brother has got Overseas Citizen of India status. I want to know whether this rental income is taxable or not? Whether my brother is supposed to file income tax return in India? Can he apply for PAN in India? Can he repatriate this money to Singapore ? Please advise .
Suhail A.Siddiqui (Expert) 27 June 2015
Rental Income earned in India is taxable, If it is cross threshold limit of general exemption.Since it is 6500*2*12= 156000.00 is not taxable. advocatesuhail@gmail.com
Rajendra K Goyal (Expert) 27 June 2015
Rental income earned in India is taxable. Consult local tax consultant.
Rajendra K Goyal (Expert) 27 June 2015
Rental income earned in India is taxable. Consult local tax consultant.


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