How to add NRE account to income tax profile?

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If you've converted your NRE account to a resident savings account this financial year but need to file your previous year's Income Tax Return (ITR), you should declare the account under its previous 'NR' status. You can declare the interest earned from the NRE account under Schedule EI. It's important to declare the account even if its status has changed, as long as the interest income has been accounted for.

LoneWolf

LoneWolf (Querist)

30 July 2025 I held an NRE account last financial year. I converted it to resident savings account this financial year. I am not able to find the type NRE in the IT portal. Portal has NRO though. What should i do in this case? Should i add it as savings account?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

30 July 2025 When you have already converted the NRE account to resident 'SAVINGS ACCOUNT'; when where the lies?

LoneWolf

LoneWolf (Querist)

30 July 2025 Actually sir, last financial year it was a NRE account. The status changed in current financial year only. My NRO account also has been changed to savings but since it was NRO in last financial year, I have marked as NRO for last financial year. I am worried about the status mismatch, since i am filing last financial year ITR so it should be NRE?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

30 July 2025 Not to worry for the change of status in current FY. You have to file Last year's ITR under NR status, where you may declare the interest from NRE account under Schedule EI.

LoneWolf

LoneWolf (Querist)

30 July 2025 Thank you sir. Should i declare the NRE account which i changed to savings this financial year as savings account or just skip the declaration. I have added the interest income in the ITR. Just confused about the bank account as there is no type.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

30 July 2025 Yes, you should declare it in ITR; no problem if status changed later.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

25 September 2025 Good luck...

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