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.
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URGENT -Please Help
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.
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
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