Income tax return for NRI

This query is : Resolved

nilesh (Querist)
Follow

16 July 2009 Person is resident outside india, earning salary outside india and has received it outside india but remitted the money in india. Can he file nil return in india showing his salary income.

vinod kumar lalwani

vinod kumar lalwani (Expert)
Follow

16 July 2009 heelo!

there is no income in this case taxable in india.

only remittance is there which is not taxable in income tax.

O.D.SHARMA

O.D.SHARMA (Expert)
Follow

16 July 2009 Dear,1st u check the residential status IE NRI/ NON NRI.NRI have option of NRE/NRO accounts & NRO accounts intrest is taxable.This return on investment + other income in india is taxable in india & this need IT return.

Upgrade to CAclubindia Pro. Subscribe Now!