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Name : K.T.Surendran
Subject: Income Tax for NRIs
Message : I have come to Dubai on 28.07.1998 and has been working here till now.I am planning to return to India in September 2001.I would like to know whether there is any advantage if I go back to India for permanent settlement in October 2001 instead of September from Income Tax point of view.

Will my overses income for the year 2001-2002 be taxed in India as I will not be an NRI during the financial year 2001-2002.What about the Tax liability on my Indian income during October-March 2001-2002.If I go after September will my Indian income for the remaining part of the year be taxed.What is the position of my RFC account if I return in September and in October.


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