Filing NRI’s return


This query is : Resolved 

Quick Summary
This discussion provides guidance on filing an Income Tax Return (ITR) for a Non-Resident Indian (NRI) for the first time. The NRI resides in the USA and has Indian rental and interest income. Key considerations include reporting only Indian-sourced income as taxable in India and using the US address for the ITR, even if the Indian PAN address is still valid.

25 July 2023 Dear Sir/Madam,

I am filing the ITR of an NRI first time. She is in USA for last 5 years, working there, staying in rented house and filing IT returns there.

During FY 2022-23, She has rental income in India from house property and some interest income.

Besides section 9 of Income Tax Act, which are the points that I should look into or consider while preparing her computation and filing the income tax return? Is there any different kind of reporting that requires to be done.

Kindly guide me.
Regards,
Suraj

25 July 2023 No different kind of reporting.
File ITR as non resident, only Indian income of rental and interest is taxable in India. Give US address in ITR.

25 July 2023 Sir, what if we give her Indian address of PAN number, which is still valid??

25 July 2023 Give foreign address in ITR, you can change the address. Indian PAN okay.

25 July 2023 Thanks a lot CA R Seetharaman Sir...

25 July 2023 You are welcome...
...


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query