Filing Return of Income in India

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Filing Return of Income in India for NRIs – N.D. Savla & Associates

Every Non-Resident Indian (NRI) who earns income in India is required to comply with Indian tax laws and file an Income Tax Return (ITR), provided the income exceeds the basic exemption limit or specific conditions apply. At N.D. Savla & Associates, we provide end-to-end assistance with NRI income tax filing in India, ensuring accuracy, compliance, and tax efficiency.

Overview

An NRI must file a return in India if they earn income such as rental income, salary received in India, capital gains from sale of property or shares, dividends, or interest on deposits. Filing a return not only ensures compliance but also helps in claiming TDS refunds, carrying forward losses, and repatriating funds abroad.

Features

  • Advisory on when and how NRIs should file ITR in India

  • Computation of tax liability on income from property, shares, mutual funds, and deposits

  • Claiming DTAA benefits to avoid double taxation

  • TDS reconciliation and refund assistance for excess tax deducted

  • Guidance on advance tax payments to avoid penalties

  • Electronic ITR filing with acknowledgement for compliance proof

Documents Required

  • Passport & PAN card

  • Proof of residential status (travel history if needed)

  • Income documents:

    • Rental agreement & rent receipts

    • Property sale deed for capital gains

    • Bank interest and dividend certificates

    • Salary slips (if employed in India)

  • Form 16 / Form 26AS (TDS details)

  • Investment proofs for exemptions (if applicable)

  • Foreign income/tax details (if claiming DTAA relief)

Procedure

  • Residential Status Check – Confirm NRI, RNOR, or Resident status under the Income-tax Act.

  • Income Compilation – Collect details of all Indian-sourced income (rent, capital gains, dividends, interest, etc.).

  • Tax Computation – Calculate total tax liability and adjust TDS already deducted.

  • DTAA Relief – Apply for relief where income is taxed in both India and the country of residence.

  • Return Filing – File ITR online under the appropriate form for NRIs.

  • Acknowledgement & Refund – Receive filing acknowledgement and track refunds if excess TDS was deducted.

Why This Matters

Many NRIs assume that TDS deduction alone is sufficient and miss filing their ITR, which can lead to penalties, loss of refunds, or issues during fund repatriation under FEMA. With N.D. Savla & Associates, your NRI income tax return filing in India is managed professionally, ensuring you remain compliant while optimizing your tax position.