Income tax return (ITR) filing: Step by step guide for NRIs
Income tax return (ITR) filing: Step by step guide for NRIs
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123K views · 167 reactions | NRIs Staying Abroad May have to File Tax Returns in India- If they fall under different scenarios. Watch the video to know more #nri #nritaxation #taxinindia #taxfilinginindia | Keerthi’s FinFo NRI | Facebook
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123K views · 167 reactions | NRIs Staying Abroad May have to File T…
41.4K views2 weeks ago
FacebookKeerthi’s FinFo NRI
As NRI, Should you file tax returns in India or not? If you are confused, then quickly understand these two scenarios. If you fall under either one, then tax filing is advisable. 1. If you have done any financial transaction or bought or sold any asset class in FY 24-25 that will have tax implications, then you must file ITR. 2. If you are planning to buy any asset or make any big ticket purchase, then it’s also better to file ITR so you keep your records straight as an NRI with the IT departmen
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FacebookKeerthi’s FinFo NRI
Is it MANDATORY for an NRI to file the ITR in India? 🤔📝 If any NRI is earning his entire income from foreign sources, and he is NOT HAVING any income in India, then in such case, generally, NRIs do not file their ITR at all. Later on, when they remit their foreign income in India, and utilise that income in India for any purpose (e.g. House buy), then for that particular year, they tend to receive the Income Tax Notice. To avoid such situation, it is very important for NRIs, that even if NRIs
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