Nri tax
This query is : Resolved
17 August 2018
I returned from US on July 17th after staying there since Oct 2011. That makes my stay for US Financial year as 197. As India follows Apr to March financial calendar, i will also satisfy 186 days plus rule for India. My US income tax has already been withhold and my company Pay dept. is saying that they will deduct my tax for salary in US in India also. I should be a RNOR i.e. nonresident but ordinarily resident and earning in US should not be Taxed. Please let me know what are my options.
I work for TCS which is Indian Company and also registered and Traded in USA.
I work for TCS which is Indian Company and also registered and Traded in USA.
Nikhil Kaushik
(Expert)
18 August 2018
Dear Jay,
If you are sure of your RNOR status, you need to explain to your accounting team that US income wont be taxable in India. In case they don't agree (which is quite possible), you will have to make adjustments in the tax return itself.
If you are sure of your RNOR status, you need to explain to your accounting team that US income wont be taxable in India. In case they don't agree (which is quite possible), you will have to make adjustments in the tax return itself.
20 August 2018
Thanks Nikhil, what will be the process to apply for Tax return in this case. DO i need to submit an ITR-1 or ITR-2 and what all additional document do i need to submit.
Nikhil Kaushik
(Expert)
20 August 2018
ITR-1 is only for resident tax payers, So you gotta file ITR-2
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