Non-Resident Indian or NRI under the Income Tax Act, 1961 (IT Act) is tied to number of days of an individual’s stay in India during a particular financial year. Residential status is determined for every year separately. India includes territorial waters of India and Employment includes self...
CA-assisted tax filing for salaries < ₹50 lacs with multiple Form 16s. Maximize tax savings and enjoy hassle-free filing with expert guidance. Start Now ₹2500 ₹5000 Save ~ 50 most popular 5.0/5 NRI ITR Filing NRI (Non-Resident Indian) life shouldn't mean tax headaches! Ditc...
For NON-RESIDENTS – From the sale of equity share in a company or unit of equity-oriented fund or unit of a business trust on which STT is paid under section 112A From the sale of foreign exchange assets by NRI From the sale of assets where B1 to B8 above are not applicable The am...
Filed Under:Income Tax·Tagged With:Income Tax,ITR,MF,NRI PIO,Tips,ULIP [Read more...] Here are the top 15 income tax related articles from RaagVamdatt.com that would prove to be very useful while you prepare and file your income tax returns. …...
TDS for sale of Property in ITR Adjustment of LTCG against the basic exemption limit Can an individual adjust the basic exemption limit against long-term capital gain? The answer will depend on the residential status of the individual (i.e., resident or non-resident). ...
Pick your filing status from Individual, HUF, or Others.Opt for ‘Individual’ and proceed by clicking ‘Continue.’ Step 5: Choose the Appropriate ITR Type Determine the correct ITR form based on your circumstances.There are 7 ITR forms available. For instance, if you’re an individual or ...
Income earned out of India NRI or NRO cases DTAA Guidance Order Now Pricing for Small Business For Individual Self Employed, Freelancers & Small Traders PLAN D Consultants & FreeLancers ₹ 2,499/- COVERS INCOME FROM Professionals such as doctors, coaching teachers, architects etc. Pr...
For Small and Medium Enterprises (SMEs/MSMEs) that maintain their books of accounts using Tally or other ERP systems. Know more Foreign Income NRI For individuals with income or assets from overseas, or for Non-Resident Indians (NRIs) and Resident-Not-Ordinarily-Residents (RNORs). know more...
In case of concealment of income and furnishing of inaccurate information in income tax return an individual will be penalized underSection 271(1)(c) of Income Tax Act What happens to the Earlier Return? Once, a revised Return is filed, the originally filed return is taken to have been with...
NRI and ITR ,Income Tax Return Who is NRI? Non-Resident Indian or NRI under the Income Tax Act, 1961 (IT Act) is tied to number of days of an individual’s stay in India during a particular financial year. Residential status is determined for every year separately. India includes territo...