Itr of nri

513 views 4 replies

SS

Cost accountant

25 Points Posted on 06 October 2015

Dear Experts,

I'm an NRI in FY 2014-2015 in India.I'm earning here in Dubai and sending money to my family over there in India. Apart from that I don't have any income source or income in FY 2014-2015 which had arised or accrued in India.

Now I m filling ITR 1, I'm putting status as NRI and my Dubai's salary in the row 'Income from Salary/pension', apart from that no income has been showed, after validating and calculating tax, excel sheet is showing tax liablity with interest and penalty of around 700,000. My question here is that:

1. Do I have to show my Dubai's salary in the 'Income from Salary/pension' row in ITR1 or not?
2. If not, then my income details would be zero in all columns of ITR, So Is this correct?
3. If yes, then how to refrain from the tax of 700,000 since NRI's salary accrued and arised in Foreign country is exempt in india?

Kindly help me out, I shall be very grateful to you.

Replies (4)

MEHUL SHAH

Auditing Taxation XBRL Training

440 Points Posted on 06 October 2015

Yes. You have to Fill the Salary as Nil as you have earned the salary abroad being a non-resident.

You just have to fill up the income accrued and arose in India like Interest income, Royalty income, gain from sale of immovable property etc.

You can send me your ITR for review if you wish at mehul @ raseshca.com.

Regards,

CA Mehul Shah

9723459572

Udgam Koomar

Tax Technologist

1949 Points Posted on 07 October 2015

If you are an NRI for the year, salary need not be considered.

MANSOOR

JOB

34 Points Posted on 07 October 2015

You no need to file the return if u dont hve any income in india so no need to file and if you wat to file you need to upload nil return

SS

Cost accountant

25 Points Posted on 07 October 2015

Thankyou all for your valuable suggestions, I got the point, i need not to put my abroad salary in ITR, only salary or income arrised or accrued in india need to be put.

Thankyou all once again for your sumptuous suggestions.