Filing an income tax return in India as an NRI raises questions a resident never faces: Am I even a non-resident this year? Is my foreign salary taxable in India? Why is 30% TDS cut on my NRO interest, and how do I get it back? This complete guide covers NRI income tax return filing for FY 2025-26 (AY 2026-27) – residential status, taxable income, TDS rates, DTAA relief, deductions, and a step-by-step portal walkthrough.
Quick answer: As an NRI, only income earned or received in India is taxable here. You file ITR-2 (or ITR-3 with business income) by 31 July 2026, claim any excess TDS as a refund into a pre-validated NRO account, and use DTAA to avoid double taxation. Remember – the Section 87A rebate (zero tax up to Rs 12 lakh) is NOT available to non-residents.
Step 1: Confirm your residential status for FY 2025-26
Everything depends on this. Your status is tested every year on days of physical stay in India:
- 182 days or more in India during FY 2025-26 – you are a resident; your global income becomes taxable in India.
- Less than 182 days – generally a non-resident. The usual second test (60 days + 365 days in 4 prior years) is relaxed to 182 days for Indian citizens leaving for employment abroad and for crew members.
- The 120-day rule: if you are an Indian citizen or Person of Indian Origin with India-sourced income above Rs 15 lakh, staying 120 to 181 days makes you RNOR (Resident but Not Ordinarily Resident) – Indian income remains taxable, most foreign income stays out.
- Deemed resident: an Indian citizen with India-sourced income above Rs 15 lakh who is not liable to tax in any other country (common for Gulf-based NRIs) is deemed resident, taxed as RNOR.
Count your days carefully with passport stamps – both the day of arrival and departure count as stay in India.
What income is taxable in India for an NRI?
| Taxable in India | NOT taxable in India |
|---|---|
| Salary for services rendered in India | Salary earned and received abroad |
| Rent from property in India (tenant deducts TDS ~31.2%) | Money you remit to India from foreign earnings |
| Capital gains on Indian shares, mutual funds, property | Interest on NRE and FCNR deposits (while NRI) |
| Interest on NRO accounts and Indian FDs | Gifts from specified relatives |
| Dividend from Indian companies (TDS 20% subject to DTAA) | Foreign business/investment income (for non-residents) |
Does an NRI have to file an ITR at all?
You must file for FY 2025-26 if your gross India-sourced income exceeds the basic exemption limit – Rs 4,00,000 under the new (default) regime or Rs 2,50,000 under the old regime. File even below that limit when:
- You want a refund of TDS (the most common NRI case – 30% cut on NRO interest when your actual liability is much lower or nil);
- You have capital gains or losses – filing on time preserves the right to carry losses forward for 8 years (see our capital gains tax guide);
- You sold property in India during the year;
- You want to claim DTAA benefits formally.
Exception (Section 115G): if your only Indian income is investment income or long-term capital gains and full TDS has already been deducted, filing is optional – but you then forfeit any refund, so filing is usually still worth it.
Which ITR form should an NRI use?
- ITR-2 – the standard form for NRIs: salary, house property, capital gains, other sources. ITR-1 (Sahaj) is not allowed for non-residents.
- ITR-3 – only if you have business or professional income in India (including F&O trading income – see our ITR-3 guide). Non-audit ITR-3 filers get the new 31 August 2026 due date; plain ITR-2 filers must file by 31 July 2026.
Tax rates for NRIs – and the 87A trap
NRIs pay the same slab rates as residents – see the full income tax slabs FY 2025-26. The new regime (basic exemption Rs 4 lakh) is the default; the old regime remains optional.
Important: the Section 87A rebate – which makes income up to Rs 12 lakh effectively tax-free – is available only to resident individuals. As an NRI, you pay tax from the first rupee above the basic exemption limit. Many NRIs file expecting zero tax and get a demand notice instead.
Special rates apply regardless of slabs:
| Income | Rate for NRI |
|---|---|
| Short-term capital gains on listed equity (Sec 111A) | 20% |
| Long-term capital gains on listed equity above Rs 1.25 lakh (Sec 112A) | 12.5% |
| Long-term capital gains on property/other assets (Sec 112) | 12.5% (no indexation) |
| NRO interest, rent, other income | Slab rates (TDS 30% upfront) |
TDS on NRI income – why refunds matter
Payments to NRIs suffer TDS under Section 195 at flat, high rates – 30% (plus cess) on NRO interest and rent, 20% on dividends, 12.5%-20% on capital gains – with no basic exemption applied. Your actual liability computed in the ITR is usually lower, so the excess comes back as a refund with interest. That is the single biggest reason NRIs should file every year. Track it with our refund status guide, and reconcile TDS via Form 26AS and AIS before filing.
If TDS is being deducted at a rate far above your real liability (typical when selling property), apply to the Assessing Officer in Form 13 for a lower/nil TDS certificate before the transaction.
NRE vs NRO vs FCNR – get the account right
Interest on NRE and FCNR deposits is exempt as long as you qualify as a non-resident under FEMA; once you return to India permanently, redesignate the accounts – the exemption ends. NRO interest is always taxable and appears in your AIS, so report it even if the bank already cut TDS.
Deductions NRIs can (and cannot) claim
- Allowed: Section 80C (LIC premium, ELSS mutual funds, children’s tuition in India, home loan principal, stamp duty), Section 80D health insurance, 80G donations, 80TTA on NRO savings interest, the 30% standard deduction on rent, and home loan interest under Section 24(b) – all under the old regime.
- Not allowed: opening new PPF, Sukanya Samriddhi, NSC or Senior Citizens Savings accounts; Section 87A rebate; certain disability-linked deductions (80DD/80U) reserved for residents.
Choose your regime with a calculation, not a guess – without the 87A rebate, the old regime with strong deductions beats the new regime for many NRIs with Indian rental income. Our CAs run both computations – ask us.
DTAA – never pay tax twice on the same income
India has Double Taxation Avoidance Agreements with 90+ countries (USA, UK, UAE, Singapore, Australia, Canada and more). DTAA can cap Indian TDS on interest/dividends at 10-15% and gives credit in your resident country for tax paid in India. To claim it in your ITR you need:
- Tax Residency Certificate (TRC) from your country of residence for FY 2025-26;
- Form 10F filed electronically on the Indian portal;
- Schedule TR and Schedule FSI filled in your ITR-2 where foreign tax credit is involved.
Step-by-step: filing your NRI return online
- Gather documents: PAN, passport (day count), NRO/NRE statements, rent receipts and tenant TDS certificates (Form 16A), broker capital-gains statements, Form 26AS + AIS, TRC if claiming DTAA.
- Pre-validate your NRO bank account on the portal (Profile – My Bank Account) – refunds are issued only to pre-validated Indian accounts.
- Log in at incometax.gov.in – e-File – Income Tax Returns – File Income Tax Return, choose AY 2026-27, online mode, ITR-2.
- In Personal Information, set residential status to Non-Resident and answer the stay-days questions from your passport record. Aadhaar is not mandatory for NRIs who do not hold one.
- Report each income head: house property (30% standard deduction auto-applied), capital gains (broker statement), other sources (NRO interest, dividends).
- Claim deductions (old regime) or continue with the new regime – the portal will not apply 87A for non-residents.
- Fill Schedule TR / FSI + Form 10F details if using DTAA.
- Verify the tax computation, pay any balance via Challan 280.
- Submit before 31 July 2026.
- e-Verify within 30 days. No Aadhaar OTP? Use net banking, pre-validated bank account EVC, demat EVC, or DSC – all work from abroad. Full options in our e-verification guide.
Selling property in India as an NRI
- The buyer must deduct TDS under Section 195 on the full sale price – 12.5% plus surcharge and cess for long-term gains – not the 1% that applies to residents. Apply in Form 13 beforehand to get TDS matched to your actual gain.
- Long-term gains (held over 24 months) are taxed at 12.5% without indexation; exemptions under Sections 54 / 54EC (reinvest in a house or capital-gain bonds) remain available to NRIs.
- To repatriate sale proceeds abroad you need Forms 15CA/15CB from a CA – up to USD 1 million per financial year from an NRO account.
- Also read: income tax on house property and tax on rental income.
Common NRI filing mistakes that trigger notices
- Filing ITR-1 – not allowed for non-residents; the return becomes defective.
- Wrong residential status – ignoring the 120-day and deemed-resident rules, especially Gulf-based NRIs with large Indian income.
- Skipping NRO interest because “TDS is already cut” – it is in your AIS; report it and claim the TDS.
- Claiming the 87A rebate – residents only; expect a demand notice.
- Refund stuck because no pre-validated Indian bank account exists.
- Missing the deadline – late fee up to Rs 5,000 under 234F and loss of capital-loss carry-forward. See late filing penalties 234A/B/C.
- DTAA claimed without TRC/Form 10F – the claim gets denied in processing.
Frequently asked questions – NRI taxation
Is my foreign salary taxable in India?
No – if you are a non-resident and the salary is earned and received abroad for services rendered abroad, India does not tax it. It becomes taxable only if you turn resident, or services are rendered in India.
Are the remittances I send home taxable for my family?
No. Money you transfer to your own Indian account, or gift to specified relatives (parents, spouse, siblings), is not taxable. Income generated from that money afterwards (FD interest, rent) is taxable in the recipient’s hands.
Is NRE fixed deposit interest really tax-free?
Yes, fully exempt while you qualify as a non-resident under FEMA. After you return to India permanently, the exemption ends and the account must be redesignated.
Is Aadhaar mandatory for NRI filing?
No. NRIs who are not required to obtain Aadhaar can file with PAN alone – just e-verify using net banking or a bank/demat EVC instead of Aadhaar OTP.
New regime or old regime for NRIs?
Case-by-case. Without the 87A rebate, an NRI with Indian rental income plus 80C/80D deductions often saves more in the old regime; an NRI with only capital gains may find the regimes nearly identical (special rates apply either way). Compute both before filing.
Can NRIs carry forward capital losses?
Yes – up to 8 years for long-term and short-term capital losses, but only if you file by the due date. A belated return kills the carry-forward permanently.
My only income is bank interest with TDS. Must I file?
Technically optional under Section 115G if TDS is fully deducted on investment income – but the 30% TDS almost always exceeds your real liability, so filing gets you money back.
Do OCI cardholders follow the same rules?
Yes – OCIs and PIOs follow the same residential-status tests and the same 120-day rule when Indian income exceeds Rs 15 lakh.
Get your NRI return filed by Chartered Accountants
Residential status assessment, DTAA paperwork (TRC/Form 10F), capital gains computation, refund follow-up and ITR-2/ITR-3 filing – handled end to end, fully online, wherever in the world you are. Upload your documents or contact CA Rahul Gupta’s team.
Related guides
- ITR-1 (Sahaj) AY 2026-27 – eligibility, new rules and how to file
- NRI income tax rules, TDS rates & NRE/NRO taxation
- Capital gains tax on shares and mutual funds 2026
- Income tax slabs FY 2025-26 – new vs old regime
- How to file ITR-3 for F&O trading
- Check income tax refund status online
Disclaimer: This guide reflects Indian tax law for FY 2025-26 (AY 2026-27) under the Income-tax Act, 1961 as understood in July 2026. DTAA outcomes depend on your country of residence and specific facts – consult a qualified Chartered Accountant before acting.
Hi,
I have recently brought house in India & gave it for lease for 10 lakhs (3years) & I have 17 lakhs housing loan.
Do I need to file tax return in India?
Thanks
Krishna, on loan of Rs 17 lakh interest will be around Rs 1.7 lakh p.a. and the same can be deducted from rent you are getting. Even though, Your Total Net income to be shown in Income tax Return may be less than Rs 2 lac ( basic exemption limit) It is advisable to file Income tax return, since the rent amount is probably credited in your bank account.
Hi,
I bought a house in India early last year for my personal use, and is not rented. I reside in the US, and my income and taxes are paid here in the US. Can I file for a refund for the interest paid on the housing loan taken in India since you say the limit is 2 lac? The interest on the loan is just less than 2 lac annually.
Thanks.
Jan,
Interest on housing loan paid, can be reduced from total taxable income. In your case, since you are NRI and not earning any income from India, you cannot claim, tax benefit for this interest on housing loan.
I have come to USA with my husband for his deputation. I have only earned interest on few FD’s in 2012-2013. Will I still get benefit of tax-rebate for women?
Can I ask for refund for tax banks have deducted on earned interest while filing my returns?
Pratibha, you can claim tax refund on TDS deducted by bank. For this you need to file income tax return
Hello,
I have 2 questions
1. I have been living in New Zealand for last 2.5 years and do not have any earnings in India, however I hold a savings bank account which was opened when I started working while I was in India, I quit that employer around 8 months back , Am I supposed to file Income tax in India, Pls help.
2. Also Now I use that Savings account only for sending money to India and do not have any earnings there in India. Please advise if I can continue to use my ICICI Savings bank account for money transfer purposes or I should now be using a NRI account for such purposes.
3) I have a fixed deposit which was opened during December 2012 so I might have earned some interest from that, Now please tell me if I have to file tax for 2012-2013 year, if yes then where can I get the form 16A for the same now.
Sushma it is advisable to file your tax return since duing last year you have earned both salary and interest. you can collect form 16A from bank website.
Hi,
I am NRI and this year (2012-2013) have a rental income of INR 3.5 lakhs. With allowed deduction of 30% + my savings, I am within tax limit ( INR 1.8lakhs) and I am planning to submit the Tax returns. However, I am not able to comply with TDS requirements that is applicable for rental income for more than INR 1.8 lakhs as the rent is paid to my bank a/c by the tenant without TDS deduction. What is the solution.
No TDS is deductile by tenant, if he is individual, In your case also, tenant is under no obligation to deduct TDS on rent paid by him. Your rent income from India, is less than Rs 2 lac( basic exemption limit), as per law you are not required to file tax return in India. If you want to file tax return, you can do so. There is no tax payable on your tax return
I have a monthly commercial rent of about 4.5 lacks per month. TDS is taken off at 30% because im an NRI. I undersatnd that there is a rebate on the first 1/3rd of the rent. How do I get a refund.
Rebate of 1/3 from rent is availalbe in case of house property. On commercial property actual expenditure is allowed.
For how many year can a non resident Indian citizen file income tax return?
NRI should file income tax return if he has income from India above taxable limit.
Can I file return even if I do not have any income in India nor any loans??.
You are not required to file return of income if there is no income in India
Hi,I am NRI and want to know whether I need to file IT Return in India or not. I purchased two residential properties but no rental income.
If you have two property, one of these will be treated as self occupied and no income will be taxed. Other property will be deemed to be let out and market rent for the same need to be added in your income and tax return need to be filed.
Thanks for the reply
Hi,
Past 4 years I am working in Singapore, I got some 7 lacs in fixed deposit in my old saving account.
Do I have to pay tax / TDS on interest amount, if yes how much what is the limit.
Thanks,
Renuka
Since from India you will be earning around 70 k, bank will be deducting TDS @ 10%. You should file income tax return to claim back your income tax refund.
I have been working in Kuwait since Nov 2011. I have interest , capital gain/loss from share account in India . I do not have any rental income in India. Which ITR form I need to fill in ? Regards
For filing Return of capital gain / loss please use ITR 2
Hello,
I have been working in Suadi Arabia Since Nov 2011. i dont have any type of income in India. Still if I want to file e-return what form should I select?
Ahmad,
if you dont have any income in India, you are not required to file Income tax return In India
Incase, we are planning to settle back to India and may be we need to apply for Loan (e.g. House Loan) then we might need to show ITR or not?
For any type of loan apporoval, bank require ITR/ income proof
Hi,
I am residing in US and has received income in the form of perquisites (RSU stocks) in India. Form 16 is issued by the Indian subsidiary of my US company. Do I need to use ITR1 to file returns? And do I need to show the global income??
Thanks
Ravi
Ravi,
If you are NRI, then you need to show income earned in India only.
Hi,
I am residing in Saudi Arabia since 2011 Nov. I have no earnings from India.
I used SBI savings bank account for the transfer of money from Saudi to India.
I also having PPF account in SBI and earned about Rs. 3000/- as an interest from SBI bank.
It is required to file income tax return? if yes which form shall I fill?
Please guide me.
Hi Ranga,
Since your total income is less than total Taxable limit ie 2 lac, you are not required to file income tax return in India.
Hi,
I am an NRI working in Oman for the last 8 years.
I have made a short term capital gain of Rs. 80,000 during financial year 2012-13 through sale of shares. TDS was deducted at 15.45% by ICICIdirect.com. Since I dont have any other income from India, Can I claim a refund of the TDS deducted? I have read somewhere that 15% tax on short term capital gain is must and non-refundable. Kindly clarify this doubt.
Anil,
You need to file income tax return to claim refund of TDS deducted on capital gain made.
Hi,
Thanks for your reply.
I have downloaded ITR-2 and tried to fill the form. There are two sections in Capital Gains page.
Column Number 2: Short term capital gain from assets (shares/units) in case of others where section 111A is applicable (STT paid). I think we must fill this column to report short term gain from shares since STT was paid at the time of sale of shares.
Column Number 3: From assets in case of others where section 111A is not applicable. Which column I should fill. When I fill Point 2 then the main page calculates the tax liability as 15% of Rs. 80,000 and TDS is getting adjusted against the tax liability.
But If I fill Column 3 then tax refund is equal to the TDS deducted.
Could you please guide me.
Hi,
Can I file ITR2 mentioning only the TDS details and without mentioning the Short term capital gains ?
Thanks & Regards,
Anil
Hi,
First of all I am really very happy to see this site, it is so much helpful for all NRI’s. Appreciated your efforts !
I have doubts.
1. I am employed in Iraq from last 2.5 Years, I receive my salary (USD) in my NRO SBI Savings account every month. No TDS is deducted by my company. I have no earnings from India. Just wanted to know whether I am eligible to pay Tax in India.
2. I haven’t fill Income Tax Return from last 2 years. Whether I need to fill Form-16. If Yes, What will be the penalty on me.
Please guide !
Regards,
Shishir.
Income tax is required to be paid and return is required to be filed if your resident or ordinary resident. It all depends on your residential status. For last year since your status NRI, you are not required to file Income tax return in India
Why are you receiving your salary in NRO account. You should make a NRE account to receive your salary as the interest in NRE Account is Tax Free whereas in NRO account the Interest will taxed at 30% flat
Saurabh
Hi,
I have been working in China for last 5 years as NRI. I have an NRI account in India and I use to transfer money to NRI a/c. I have a small salary part in India also. Now my question is
1. The money I send to my NRI a/c is taxable or not.
2. I invest money to some LIC or Post Office as FD, the interest earned by those FDs will be taxable or not, and do I have to show those in my IT file?
3. I have two investments in Bonds and one in FD, within the NRI a/c bank, designed for the NRIs. The bank says those are tax free. Do I have to show them in the IT file? Will be the total amount ( the capital and the interest ) taxable ?
Thanks.
Sincere regards,
Anindya.
Interest income you have earned in Post office and FDs is taxable and required to shown in your income tax return. However, interest income earned from NRI account, is tax free and you can show this in Exempt income while filing your tax return
Hi I am a resident of Dubai (UAE)
I would like to Gift a Car to my Father in India. I would like to know that will he or me will be liable for any TAX on this?
Thanks & Regards,
Yavnish
Yavnish, There is no income tax on gift of car made by you to your father.
I am an NRI. I have three flats. One flat i m owner. Other two flat we both husband and wife are owner.
Yearly rent income is Rs.5,00,000 plus.
can we split the rent income between us.
example:
2 flat rent — Rs.11000 and Rs.17000 = Rs.3,36,000/- to my account and income tax calculation on my name.
1 flat rent – Rs.15000 = Rs. 1,80,000 in wife account and she will be responsible for income tax.
Do I have to include my child’s (Minor)interest income earned on her fixed deposit with bank in my total income while submitting form 15 G or while filing return. At present my total income including my child is below the taxable limit.
I am working abroad since April 2013 and have interest income from PPF, FD and Post office savings. Is the interest from PPF taxable? If not, is this to be declared under Exempt income when filing returns for AY 2014-15?
PPF interest need to be declared in exempt income coloumn
Hi,
I am living abroad for the last 2 years. I receive rental income from my apartment. Apart from house loan interest and 30% deduction on rent is there any deduction allowed? eg: maintanance fee towards housing society etc.
Thanks
Apart from Housing loan interest you can claim house tax benefit
Hi, Am living abroad for last 2 years. I already have PAN Car issued in India, do I eed to apply for NRI PAN Card as well for applying returns. Thanks
Single Pan card is sufficient for all Income tax purpose. NRi’s dont have to apply for seperate PAN
Hi,
Thanks for supporting the community by your advice which is very helpful.
I am an NRI for last 35 years. I have never ever filed any ITR as there was small dividend and bank interest income very much less than exemption limits in these years.
In FY 2014-15, I have sold my demat holdings which were with HDFCSEC. NRO holdings were all long term and HFDCBANK has credited whole proceeds net of STT to my NRO a/c. In NRE holdings few were short term on which HDFCBANK has deducted TDS and credited my NRE a/c net of STT.
In addition, in FY 2014-15 I am planning to sale my allotments of house and office properties. These were booked 4-5 years ago and I intend to sale them before taking possession. There will be no Long term capital gain if indexation factor is applied.
My question is whether I will be required to file ITR for FY 2014-15 because of nature of these transactions although no taxable income.
And should I file the NIL tax return for FY 2013-14 to prepare the file in advance.
Thanks
Please file return in year of sale ie for FY 14-15 (AY 15-16)
Hi,
FY 2013-14, I am NRI and have earned salary of over 5 Lacs in UAE and also around 30,000 in India.
What is taxability of my income and guide me for filing ITR as where to mention abroad salary income that is exempt in India.
Being NRI, you are not required to show this income in ITR in India. You only need to show salary earned in India
I am in Singapore since Sept 2011. I filed ITR for FY2011-12 since I got Form 16 from India employer and after that there was no income from India. However, I have saving account in India on which I use to transfer fund from my Singapore bank account for paying LIC(INR 77,790/annum) installment, Mutual Fund (G) SIP(1,56,000/annum) installment and home loan installment(2,91,420). Is it mandatory for me to file the ITR for FY 2012-13 and FY 2013-14.
You are not required to file income tax return if you dont have any income in India and your status is NRI.
I sold a property when i was an NRI which incurred capital loss. Buyer also deducted 1% TDS on immovable property for it.
1. which account i need to put in the ITR . NRE or NRO or saving account in india.
2. Can i claim a TDS refund for immovable property.
In the financial year 2013-2014, I was out of India for 180 days. Though I did not work in India and had no earnings other than interest paid by bank in my Savings and NRE accounts. All my salaries were transferred from my Overseas account to my NRE account. What should I do for filing my return for AY 2014-15?
Please suggest.
You need to file return for interest income and salary received in India
I am working for a PSU and posted to Thailand where I joined duties on 25th September 2013. My total salary received in India till 24th September is INR 480000 and tax deducted at source is INR 70000.
I have been given to understand that a person when posted abroad stays less than 180 days in a financial year in India is eligible to get full refund of income tax deducted in India.
I joined duties at Thailand on 25th September 2013 which means I stayed less than 180 days in India and therefore makes me an NRI..
Please advise as I am told that I’ll get only 27000 rupees as refund.
You dont get full refund. You are liable for tax only for India portion of income and as per tax slabs.
Hi,
I am an NRI living in Mozambique for 4 years. I have salary income here in Mozambique. I have invested funds in FDs, MFs, Shares etc. And i have income from interest and capital gain/loss (short and long term both). And so will submit ITR2. Now my question is if i have to mention my Mozambican salary income somewhere in the ITR form. Please advise.
Sir, Being a NRI, you are not required to add outside income in India Income tax return.
Pension credited in my Indian a/c from United Nation is tax exempted. Whether I am to show this amount in my tax filing. Kindly advise.
Uddharan, Income from United nation is exempt income and is not required to show in your income tax return. Also no income tax return is required to filed. However you are required to file income if you are earning any income from interest income or income from house property.
Hi,
I live in UK for last 7 years. I became British Citizen and my earning is in UK only. I bought a Flat in India for my own use in the Financial year 2012-13. I have got Housing Loan from HDFC. Flat is not rented. I am not earning any money from that. Do I need to file income Tax Return in India in that Financial year.
Regards,
Ashi
Since there is no income in India you are not required to file income tax return
I am a NRI and have NRO, NRE and three Fixed Deposit accounts, I pay taxes on earned interests. How can I claim my TDS. Do I go to a Chartered Accountant? How far back can I claim my TDS?
Interest in NRE is Tax free. Interest earned in NRO accounts and others income in India is taxable. You need to file income tax return to claim TDS refund. We can assist you in filing Tax return. Please visit this page for correct package.
Hi Im a sailor NRI , I would like to know what how I would be able to file IT returns if the Bank that im trying to take housing loan is asking me to file IT returns before taking loan? I My income is purely from outside india and I dont have any other source of income from india.. Is there any filing for zero returns?
I am NRI since last one FY. I had been filing returns when I was resident. I had been taking deductions under sec-80c against NSCs. Please advise if interest generated through NSCs also taxable? If yes, what I can do now. Also the income to be filled in ITR is what is earned in India? and not which is transferred to my NRE account? Please advise. Also advise is it necessary to file ITR for me since I do not have any source of income in India, other than NSCs which was earlier done. (NSC amount done previously in range of INR 1 LAC TO 2 LAC PER ANNUM)
I have NRE FD and it’s maturity date is in sep-2023. If my NRI status is change to resident Indian before Sep-2023. I have to pay income tax on interest earning from my NRE FD due to status change or not?
I am having Employment in Malaysia via Indian Employer. I am getting paid in India and Malaysia both places and TDS is being deducted in both the countries according to respective country’s tax law.
How should I go about filling income tax return in both the countries. Do I need to show my Malaysian income while filling Tax Return in India as I will be frequently sending money to India from Malaysia.
Which ITR should I file?
Your filing tax return is dependent your residential status. If your status is Resident , then you need to show all income in your tax return. If your status is NRI, then only income from India need to be shown.
Hi,
I would like to thank you for your effort and so useful information on this Web.
My question is.
I am NRI since 2011. Last year(2014) i sold an apartment in India which I bought in year 2009. I bought a new apartment using the money from sale. I like to know How i can file the Tax return?
Regards,
Omkar Rai
You need to use ITR 2 for filing income tax return and show capital gain calculations properly.
I am NRI and i had few fixed deposit interest incomes since 2010 from my NRE/NRO accounts and i believe TDS was done at 30% rate. For how many years back we can go to claim a refund. E.g can i claim a refund for FDs interest income accrued in year 2010 ?
Further i am planning to invest in Mutual Funds now. At what rate the Tax will be deducted on both the dividends and sales. And will the TDS be higher than the normal rate, which will need to be claimed back from the income tax deptt later on.
Many thanks.
My husband works in abroad. He has no income in India. Still he wants to file a zero income return. which ITR should he use? Thanks in advance.
Your husband may use ITR for filing his income tax return.
my nri daughter is not able to view her 26 AS from USA. how to go about it.
thanks
Income tax department has controlled viewing of 26AS from outside India.
Option 1) You can view her 26AS and share with her.
Option 2) you can use proxies like tunnel bear, these sites hide your IP address and they make IT site beleive that any user from India is trying to view 26AS form.
sir i have been working in saudi arabia and sending money in india @2 lacs/ month, is it considered in annual income and should i pay income tax
There is no tax on income on NRI for Money remitted by them to India.
Sir,
I would like to know if an Indian citizen is employed abroad and he/she discharges his employment duties onboard a foreign flag ship (as a seafarer), all the source of income is coming from the foreign employer into the NRE account in India, will the person be still considered as NRI even if he fails to make 183 days abroad.
For the sake of argument if he worked abroad for only 160 days in a FY year will he has to pay tax in India for the income earned through his employment overseas?
i am nri residing in US. i have capital gains income .while filing IT return should i fill my US address.
hi ,
I am resident of Dubai for FY 2015-16 and have only Interest income on which TDS is deducted . Please help me with the ITR form to file ITax Return.
Hello Prerna,
Since you are NRI and only getting interest income, you should use Income Tax Form ITR 1 for filing your income tax return.