Nri return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 January 2015 my client was working in Bangladesh during the period June 2012-March 2014. The income for this period was earned and received in Bangladesh only. During the same period, in india he earned Rs. 6000 as Saving Bank Interest. Will this income of Rs 6000 be taxable in india?? Please Suggest! & Also does he need to file return for assessment year 2013-14 & 2014-15.and show all income in return like Bangladesh salary + other income in india….???

Arun Biyani

Arun Biyani (Expert)
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06 January 2015 It will depend on your client's residential status whether if is Resident or Non Resident or Not Ordinary Resident.. i assume he was not in india for more than 182 days.. so then income received in Bangladesh is not taxable. However any income received in india is taxable even to non resident.. so the 6000 rs. is taxable. However Rs. 6000 is below the basic exemption limit which is 2,00,000/2,50,000 in those asst. year, therefore its not taxable and assessee need not to file the return as well.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 January 2015 Rs.6000 earned in India is not taxable. He is Non resident for both the asst. years. There is no need to file any return and pay taxes in India for salary income earned out side India.

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Querist : Anonymous

Querist : Anonymous (Querist)

06 January 2015 my client already filled return of A Y 2012 - 2013 in manually .if didn't file return of a y 2013 - 2014 & 2014-2015, any effect this gape period....?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 January 2015 As there is no taxable income for these years no need to file return, no effect for this gap.

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