04 December 2020
1. Will a seafarer's residential status be considered as "Non Resident" while filling ITR (out for 184 days) (working in Indian Shipping Co.)? 2. Is he allowed to have saving account in Indian banks or NRE/NRO account is must, as he may be resident in one year and non resident in another year? 3. Which ITR form should be filed? Please help by answering above questions. Thanks in advance.
05 December 2020
1 He will be considered as non resident. 2 Savings bank account may be continued by changing it to NRO and back as SB account. 3 File ITR 2.
08 December 2020
Sorry to miss out on question, I meant to ask, despite being Non resident (having tax free income) in last 2 AY, ITR-1 was filed. Any impact of this. And also, what if NRI seafarer is receiving income in Saving account of Indian bank? Please guide.
CAclubindia
