How to file income tax for interest earned in india ?
This query is : Resolved
13 April 2018
I have been working in UK for complete 2017 and have been paying tax here only.
And have been earning Interest on Fixed Deposits in India, for the financial year 2017-18, can I fill Income tax in India with the income earned via interest?
As the amount is less than 250000, Do i still need to fill the income tax return?
Thanks for help
And have been earning Interest on Fixed Deposits in India, for the financial year 2017-18, can I fill Income tax in India with the income earned via interest?
As the amount is less than 250000, Do i still need to fill the income tax return?
Thanks for help
13 April 2018
you are not required to file the return in India (on account of income below the exempted limit) but it would be better to file the return as matter of being regular with your tax filings.
14 April 2018
@Nikhil Just one question, since being an NRI , do I need to show my foreign earnings? As I am completely paying my full taxes there.
14 April 2018
no. only indian income. You should know all this as a commerce student
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