I draw my yearly salary from US and pay taxes here to IRS .
I have to file for a refund with Indian Income Tax dept thru ITR 2 for claiming my refund of taxes levied on interest earned on NRO account. I have below questions :
1) Do I have to submit ITR 2 and not ITR 1 ?
2) In the ITR2 , do I need to furnish details of income earned outside of India ? If yes , then what will be the relevant article of DTAA (Schedule FSI column f ) between India and USA that will help me avoid double taxation since I am a US resident.
3) Do I have to furnish my US bank account and related details in Schedule TR-FA of ITR-2 ?
05 July 2018
Warrier Sir NRI can file ITR 1 with only interest earned on NRO account. See the instructions for filling ITR 1. I filed ITR 1 for a NRI and got refund last year.
CAclubindia
