banner_ad

URGENT -Please Help

Others 314 views 3 replies
Dear Experts,

Someone's daughter went to a foreign country, which was an NRI, but her NIL ITR 1 was filed in India under the head resident for the last 6 years. But now her daughter is returning to India from that country, and her savings there are around 8 lakhs. Now how can she bring that money to India and show it?

Thanks in Advance.
Replies (3)
Whatever happened you can not undo it.
It is amazing how you knowingly continued to file for 6 long years under Resident status.

Anyway, can always plead it as inadvertant error.
File return for AY 2020-2021 in time.
Thanks, Sir, She was in abroad in connection with the job and earned income. Now she is coming back to India and transfer that abroad saving income around 8 lacs in her mother's savings account. Then there will be any tax issue on it?
Kindly ask your query at Profsindia.com in forum section for your query solution


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details