An NRI client received an e-verification intimation for FY 2020-21 despite having exempt NRE interest income and limited Indian house property income. As their taxable income was nil, an updated return couldn't be filed. The query concerns whether to file an updated return or reply stating ineligibility, given the notice is a reminder.
29 March 2024
My client was a NRI. he has NRE Interest Income (exempt u/s.10(4)). He has HP income Rs.48300 only in India. How declare in updated return and which section to be filled. He has also TDS Rs.14000/- for NRI remittences u/s.195.
29 March 2024
But I received notice from e-Verification Intimation for FY 2020-21. Whether i want to file a updated return or give a reply for not eligible to file an updated ITR.