K. RAMULLAN versus COMMISSIONER OF INCOME-TAX
Exemplary interest from a non-resident account is for the purposes of section 10 (4A), as defined in Section 2 (p) (III) of the Indian Foreign Exchange Regulation Act, 1973. A Malaysian citizen whose wife and children were based in India is not a resident of India in the sense of Section 10 (4A) resident in India with his wife for medical treatment purposes which is referred to as Indian Income under Section 10 (4A). Taxes Act, 1961, Section 10 (4A) Indian Foreign Exchange Regulation Act, 1973, Section 2 [CITV's Ramulon (1997) 226 ITR 264 (Ker) reversed
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