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.
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.
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.