If NRI doesn't have any income in India, can he voluntarily file ROI in India.
CA Dolly Jain (CA, CS) (223 Points)
28 March 2012If NRI doesn't have any income in India, can he voluntarily file ROI in India.
Mihir Doshi
(B.Com, CA, CS, LLB)
(2187 Points)
Replied 28 March 2012
Yes, NRI can voluntarily file return in India showing NIL income...........
Thanks
Mihir Doshi
CA Dolly Jain
(CA, CS)
(223 Points)
Replied 28 March 2012
He is salaried person
So what can we show in ROI.
Where we can show His Salary Income earned outside India
Mihir Doshi
(B.Com, CA, CS, LLB)
(2187 Points)
Replied 28 March 2012
There is no need to show the salary income in the return of NRI........
CA Dolly Jain
(CA, CS)
(223 Points)
Replied 28 March 2012
Actually i m preparing the eturn & confused what to show in income. He is having SB a/c where nominal interest less than 5000 is debited .....
So, what income i ll show in the return ???? ....
Mihir Doshi
(B.Com, CA, CS, LLB)
(2187 Points)
Replied 28 March 2012
Only interest income is to be shown,
I have heard that,Department sends scrutiny notice to all those who have shown exempted income more than INR 200,000/- so only show the interest income and file the return.
Or wait for others reply.
Thanks
Mihir Doshi
Arpit Manot
(Chartered Accountant)
(29 Points)
Replied 13 August 2013
Whether the Income earned outside India to be mentioned in Balance Sheet?
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