ITR for Non-Resident Indians
Features of plan:
As an NRI (Non-Resident Indian), it is essential to be aware of your tax obligations in India and file the Income Tax Return, if you have earned income or have taxable assets in India. Filing your ITR helps you stay compliant with Indian income tax laws. Get your ITR filed through this plan by TaxHelpdesk’s experts.
ITR for Non-Resident Indians Services Provided:
- ITR filing for Non-Resident Indians
- Calculation of tax on Indian income earned by NRI
- Calculation of tax liabilities on Indian income of NRI
- Help in availing the benefits under the Double Taxation Avoidance Agreement (DTAA) for NRIs
- TaxHelpdesk’s Income Tax Expert full assistance
Who are eligible for this plan?
Who cannot buy this plan?
– Residents of India
Documents required for ITR filing under this plan
FAQs
Your residential status depends on the duration (i.e., number of days) of your stay in India. If you are physically present in India for less than 182 days in the relevant financial year, then your residential status will be of an NRI. However, this criteria may vary in certain circumstances.
Yes, NRIs are required to report foreign assets and foreign bank accounts held by them in their income tax return. This includes details such as the location, type, and value of the assets and accounts.
Yes, NRIs are eligible to claim deductions and exemptions under the Income Tax Act, similar to resident individuals. Some common deductions include those for housing loan interest, life insurance premiums, medical insurance premiums, and contributions to specified investment schemes.
Yes, NRIs are eligible for tax refunds if they have paid excess taxes or if they are eligible for any tax credits or deductions that result in a refund. The refund process for NRIs is similar to that for resident individuals.
Yes, NRIs are required to have a PAN if they have taxable income in India. If you do not have a PAN, you can apply for one through TaxHelpdesk.
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