Up to previous financial year I was NRI. This year I am a resident. Never submitted any ITR.

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Till last financial year (2016 - 2017) I was a NRI. I am a resident in the financial year 2017 - 2018 I am a resident.

Question 1

I had agricaltural income less than 1.5 lakhs and property rental income less than 1.7 lakhs and interest income less than 15k during the financial years 2015 - 2016 & 2016 - 2017.

Do I have to submit a return before 31 st March 2018 for the above 2 years?

Question 2

In this financial year (2017 -2018) I sold one of my flat purchased in 2003 and the buyer deducted 1% TDS. This TDS is reflected in my form26AS.
Full amount generated from the sale has been reinvested in another property. The TDS deducted from the buyer is also reflected in my form26AS.

To check and claim and the TDS deduction I registered in England and IT'D website as resident.

My income is still in the same range of previous years except the sale of the old property and purchase of new property.

Since I do not have taxable income I have to submit the ITR to claim the TDS deduction. How can I do the submissions as NRI for previous financial years and this financial year as Resident.

Assistance will be appreciated

MATHEW

mathew.thadikkaran731 @ gmail.com
09995389412
Replies (1)
the tax residency status can be disclosed in the tax return itself. given the over zealous tax compliance drive by the government, it would be better if you file the returns for past two years before 31 March regardless of the taxability involved.

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