Dasarathan Natarajan
12 November 2017 at 22:12

Alteration in submitted gstr 4

Sir,I have wrongly submitted gstr4 as nil return.How can I rectify this?


SushantSingh
12 November 2017 at 22:04

What is my tax status ? please advice !!

Would some honorable member explain to me my tax status as per the the information given below. I was working outside the country since the last 15 years. I spent in excess of 185 days outside the country in every financial year since 2004, thus qualifying me as a non resident for every year all the way upto March 2016.


After 15 years of service I lost my job, on my return to India for leave, so return to India date is in the month of March (18th March 2016). With whatever little understanding I have about laws governing taxation from this useful forum, I understand that I am a RNOR for the financial year 2016-2017, since I am an NRI for 9 out of 10 years preceeding my return to India.

However, could somebody please shed light on what my status would be for the FY (2017-2018). Will I be classified as resident and be liable to pay taxes starting for FY 2017-2018 or will I come under the ambit of tax only from FY 2018-2019. For how many years can I draw the benefit of being RNOR ? after my return to India.

 I sat down and jotted all the entry and exit dates on my passport and have broadly got an outline of the number of days that I spent in India for the last 11 years, whilst travelling up and down for work abroad.

I had a hard time looking at dates prior to 2004 since passport is quite old now. But here are the details that I have collected so far :

FY 2005 to 2006 = 150 days
FY 2006 to 2007 = 145 days
FY 2007 to 2008 = 167 days
FY 2008 to 2009 = 162 days
FY 2009 to 2010 = 172 days
FY 2010 to 2011 = 151 days
FY 2011 to 2012 = 169 days
FY 2012 to 2013 = 161 days
FY 2013 to 2014 = 174 days
FY 2014 to 2015 = 161 days
FY 2015 to 2016 = 171 days (Lost job in March 2016)
FY 2016 to 2017 = 365 days
FY 2017 to 2018 = 210 days (to date - not working).

As per this information, would you be able to guide me as to how long can I draw the benefit of being RNOR.

What will my status be for the FY (2017-2018). Will I be classified as resident and be liable to pay taxes starting for FY 2017-2018 ?

OR will I come under the ambit of tax only from FY 2018-2019 ?

I am not sure if I have even framed my question correctly, but what should the right time to file ITR's.

Please do advice as to the right way forward. Appreciate your advice.


Several tax websites like cleartax and hrblock are ambiguous about how long the RNOR status is available for the returning NRI, some say max upto 3 years, some say 2 years, depending on date of return. Any senior member who has been in a similar situation here who can shed more light I will be very grateful.



Anonymous
12 November 2017 at 21:46

Written exam with blue pen

I have written my exam with blue pen ca ipc in nov 2017
Will that answersheet be evaluated?


sunil
12 November 2017 at 20:15

composition

now compositions dealer allowed to do service suplpy up to 5lakh pa is it correct? now compostion dealer can do service supply or still wait for confirmation


Priya Jain
12 November 2017 at 19:59

ca final new syllabus

any idea when would be new syllabus published.and any strategy for may 18 group 2


Ashu Patel
12 November 2017 at 19:13

Gstr 3b calculation

How to check liability or the amount to be paid for GSTR 3B. My Liability is reflecting as "NIL". Do I need to pay or just creat a "Zero" Amount Challan? Please help



Anonymous
12 November 2017 at 18:47

Notice u/s 142(1)

I receive income tax notice u/s 142(1)and vide notice 148 for not filling IT return for FY 2009-10, AY 2010-11. I was collected old bank records. I found that one my bank which I was not give PAN no. and one another bank which I have given pan card, deduct TDS@10 on fd but both not deposit it to income tax department.
I want to know what is penalty I can face for not filling it return and what should I do above said case of not filling TDS by banks.


achyutdesai
12 November 2017 at 18:29

Duplicate refund cheque

How do I get duplicate refund cheque?


Rakesh Sharma
12 November 2017 at 15:48

GSTR-2 & 3

Dear Experts, Is filling of GSTR-2 & 3 mandatory for the month of July-2017? Please advise Regards, Rakesh Sharma


Rakesh Sharma
12 November 2017 at 15:33

Acceptance of Invoices

Dear Experts, Our purchaser wrongly mentioned some invoice in portal and filed their GSTR-1. We rejected those invoices and add from new end. Our purchaser says that he accepted all the requested invoices. Is there any way to cross those invoices? or any other way to check the acceptance of those invoices? Please advise. Regards, Rakesh Sharma






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