Need A Financial Product Forums NRI money matters When should an NRI (Non-Resident Indian) file IT returns in India?

This topic contains 1 reply, has 2 voices, and was last updated by  Kamlesh Kumar 2 years, 2 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #47386

    When should an NRI (Non-Resident Indian) file IT returns in India?

    #47387

    Atul Shah
    Member

    An individual, who is an NRI, can file his/her income tax returns in India if they any one of the following conditions: The taxable income in India during a year was above the basic tax exemption limit, i.e., Rs. 2 lakhs If one has earned short-term or long-term capital gains from the sale of any investments or assets, though even if the gains made are less than the basic exemption limit at that time. When one needs to claim refund for Tax deducted at Source (TDS) which has been deducted more than the actual tax liability.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.