Filing itr as nri for ay 2018-19

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 July 2018 I need your help to file ITR for AY 2018-19 as NRI, I am in South-Africa from June-2016 to till date. I am getting the salary in South Africa as well as in India.
South African salary is being taxed as per local laws. My Indian annual salary is greater than 2.5 lakh exemption limit hence I believe I have to fill ITR. my queries are as follow -
(1) which ITR form I have to fill as NRI? Is it ITR-1 or ITR-2 or some other form?
(2) If it is ITR-2, Do I need to fill Schedule FSI & Schedule TR?
(3) Am I eligible for a rebate under 80C against Insurance premium/ Home loan principal repayment (Property is in India) & under 80CCD(1B) against New Pension Scheme contribution? if yes, which section I have to fill?
(4) Am I eligible for a rebate for home loan interest payment (Property is in India)? if yes, which section I have to fill?
Thanks in advance for help.

31 July 2018 1 Use ITR 2.
2 No need to fill those schedule your foreign income is exempt.
3 yes.chapter VIA.
4 yes 24 section.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 July 2018 Thanks Very much for prompt reply. regarding point no 4- In ITR-2 - Chapter VIA is not showing 24 section. Where section 24 is mentioned?
(or) Do I need to fill 1(h) "Interest payable on borrowed Capital" under Schedule "House Property"?
Pls guide.

31 July 2018 Yes fill above which is allowed u/s 24.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query