This discussion addresses how an Indian ship crew member, deemed a non-resident for tax purposes, should declare salary received in an Indian SBI account on their Income Tax Return (ITR). The advice provided is to disclose this income under the exempt income schedule, as it is generally not taxable in India. To file an updated return, it's suggested to declare other taxable Indian income and pay the relevant tax.
23 March 2024
Respected Sir/Madam, If a Person is member of indian crew ship and his residential status (after considering 182 days or more criteria) is Non resident and he receives salary in indian SBI Account, Now my question is how we disclose his salary income in Income tax return under updated return of AY 2023-24? Actually a person wants to take a loan from Bank and wishes to file ITR, so how we disclose in ITR?? Kindly help.....
25 March 2024
Such income is not taxable in India. Show it under exempt income schedule in ITR. Show some other taxable Indian income and pay taxes then only you can file updated return.