I am PIO & have received USA citizenship about 5 years back. I have business in USA from accompany registered in new York.
Since last 3 years I am staying in India.
I had gone to new York only once in 3 years for about one month last year.
Kindly let me know where I have to file I T Returns.ie in india or in usa.
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Itr for pio
Replies (3)
Hi TT,
An NRI / POI is mandatorily required to file his return of income if his total income is more than basic exemption limit. Any income arising or deemed to arise in India like rent and Interest on fixed deposits are taxable and TDS is liable to be deducted.
Dear sir
I have no income in India but in New York only. In that case where I have to file ITR.
Hi TT,
If you dont have any income India, then you should file your IT Return in New York.
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