NRI -ITR

Suppose one person is NRI, he earns income in foreign and has some assets there, is he required to furnish ITR in India and disclose the assets though he does not have income in India ?
Replies (7)
Quick Summary
This discussion explores whether Non-Resident Indians (NRIs) must file an Income Tax Return (ITR) in India. It clarifies that if an NRI has no income in India, or income below the taxable limit, filing an ITR is generally not required, irrespective of foreign assets or citizenship. The thread also touches upon specific scenarios like claiming TDS refunds and where to file applications for such claims.

If he has income accruing in India above taxable limit.
No income in India. Is he required to file on the basis that he is Indian citizen and holds some asset in foreign?
International Tax matters require a case to case analysis. Please get consultation from a subject matter expert.

For NRI, having no income (or income below taxable limit) in INDIA, there is no need of filing ITR, just because he is an Indian.

Suppose  NRI has refund via TDS  in india but failed to file return. My question is where he will file return in india in normal assessment ward or international Taxation ward.

NRI failed to claim refund via TDS without income now he wants to claim undersection 119(2)(b).

My question is where he has to file application  before normal  AO or international Taxation ward 

Normal AO

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register