Form no. to be filed by non resi.(salary &interest income)

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Querist : Anonymous

Querist : Anonymous (Querist)

28 August 2015 Hello.
I am Computer Eng. and working in Infosys Pune. For Job Assignment, I am outside India in F.Y.2014-15. I am getting part of Salary in India, and I am having Interest Income only. As Per Income Tax Act, I am NON RESIDENT.
I
I have to file Income Tax Return for A.Y.2015-16. Whether I should file return ITR-! or ITR-2 A. Salary received outside inida, is taxable in US. So i am not disclosing the same in return. Whether i am right ? . Please inform .... Shahkg

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Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2015 Please guide me which return i should file ITR-1 Or iTR-2 A. Status is NON RESIDENT and income is from salary and interest only.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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25 July 2024 As a non-resident for tax purposes in India, you should file your Income Tax Return using Form ITR-2A (now known as ITR-3 from A.Y. 2019-20 onwards). Here’s why:

1. **Non-Resident Status**: Since you are considered a non-resident under the Income Tax Act for the relevant financial year (F.Y. 2014-15), you are only required to disclose income that is earned or received in India.

2. **Types of Income**: As a non-resident, you need to report:
- Salary income earned in India during your employment with Infosys in Pune.
- Interest income earned in India.
- You do not need to disclose or report income that is earned outside India and taxable in another country (like your salary portion taxable in the US).

3. **Choice of ITR Form**:
- **ITR-1 (Sahaj)** is not applicable to you because it is for residents with income from salary, one house property, other sources (interest, etc.), and total income up to Rs. 50 lakh.
- **ITR-2A (now ITR-3)** is designed for individuals and HUFs not having income from business or profession, including non-residents with income from salary, house property, and other sources (interest, etc.).

4. **Disclosure Requirements**:
- In ITR-3 (formerly ITR-2A), you will disclose your salary income earned in India under the relevant schedule. Since your salary earned outside India is taxable in the US and not in India, you do not need to disclose this in your Indian tax return.
- Report your interest income earned in India in the appropriate schedule.

5. **Filing Procedure**: Ensure you gather all necessary documents related to your salary and interest income earned in India. File your return electronically on the Income Tax Department’s e-Filing website (https://www.incometaxindiaefiling.gov.in/) using your non-resident status and the income details mentioned above.

Always double-check with the latest guidelines and consult a tax advisor if needed to ensure compliance with current regulations.

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