Nri salary urgent

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Querist : Anonymous

Querist : Anonymous (Querist)

19 August 2011 In which Section Income earned by NRI is Exempt, further where it will be shown

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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19 August 2011 As a corollary to section 5(2) of the Income tax act,1961 income of an NRI earned abroad is exempted from income tax in India.

Querist : Anonymous

Querist : Anonymous (Querist)

19 August 2011 Where it will be shown, as no column in software

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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03 August 2024 Non-Resident Indians (NRIs) should report their income earned abroad in their Income Tax Return (ITR) using the appropriate form, ITR-2. They should report income earned outside India, such as interest income on deposits in NRE accounts, as well as income earned from employment abroad. Income earned while a non-resident, including salaries for services rendered outside India, is exempt from tax under Section 10(6)(vi) of the Income Tax Act.

To handle exempt income, NRIs should use the ITR Form, which includes salary income, interest income from NRE accounts, and verification. They should also include the nature of the income and claim exemptions in the relevant sections. If software does not allow specific entry for exempt income, they should mention the nature of the income and its exemption under the relevant sections.

To file correctly, NRIs should enter all taxable income according to Indian tax laws, report exempt income, check for specific software instructions, and consult a tax professional if unsure.

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