Hello All
I'm employed with a foreign shipping company and for past many years I've been maintaining my NRE status (Section 6(1) IT Act) by being out of india for more than 182 days in a Financial Year . I've been filling Income Tax returns showing full salary details and interest earning- this was being done manually and I filled Zero Tax Returns.
Recently I came across the information that individuals earning more tan 10 Lacs P.A. are required to file IT electronically so I decided to do it for myself. Since my earnings are limited to foreign remittances to NRE Bank account and accrued interest on the bank balance, I used the ITR-1 form for AY 2012-13.
The form computed some tax liability for me based on the gross earnings I entered (Regarless of the mention of Non-Resident status in the form). Before uploading the .xml file I made corrections to the Interest and Tax Liability columns so as to have zero tax liability. ( I should have consulted the forum back then actually)
Last week I received IT demand notice under section 143(1) where in a large amount of Tax Liability has been computed.
My problem now is that I do not know how to reflect my NRE status on the e-filling form so that no tax liabilites are computed by the excel sheet (So as to fill a rectification request). I earnestly request members to give me suggestions / advice on conveying the IT department regarding my NRE status and in clearing off the IT Demand.
Thanks & Regards.
CAclubindia
