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SIMPLE STEP-BY-STEP ITR FILING GUIDE FOR NRIS FINANCIAL YEAR 2024–25 (ASSESSMENT YEAR 2025–26) By JS Financial Services 📞 +91 73400 02251 | 🌐 www.jsfinancials.in | 📧 info@jsfinancials.in
INTRODUCTION • Filing ITR in India as an NRI doesn’t have to be complex. • With the right preparation and expert help, you can file your taxes accurately, on time, and stress-free. • This guide simplifies the process and helps avoid common errors.
STEP 1 – DETERMINE YOUR RESIDENTIAL STATUS • You are an NRI if: • Stayed in India <182 days in FY 2024–25, OR • Stayed <60 days in the FY and <365 days in the last 4 years • Your residential status decides: • ✔ Tax liability • ✔ Applicable ITR form
STEP 2 – GATHER REQUIRED DOCUMENTS • PAN Card & Aadhaar (if applicable) • Passport & Visa pages • NRO/NRE bank details • Form 26AS, AIS, TIS • TDS Certificates • Income proofs (rent, capital gains, interest) • Asset/Liability details (if income > ₹50 lakh) • TRC & Form 10F (for DTAA relief)
STEP 3 – SELECT THE CORRECT ITR FORM • Choose based on your income source: • ITR-2: Salary, property, capital gains, other sources • ITR-3: Business or professional income in India • 🚫 ITR-1 is not applicable for NRIs
STEP 4 – LOG IN TO E-FILING PORTAL • Visit: www.incometax.gov.in • Log in using PAN or Aadhaar ID • Navigate: • e-File > Income Tax Return > File Income Tax Return • Choose AY 2025–26, status: Individual, correct ITR form
STEP 5 – FILL IN THE RETURN • Declare income under correct heads • Claim TDS credits (as per Form 26AS) • Report foreign assets (if applicable) • Claim DTAA relief using TRC & Form 10F • Avail eligible deductions (e.g., 80C, 80D, 80G)
STEP 6 – VERIFY AND SUBMIT • PREVIEW ALL ENTRIES • SUBMIT YOUR RETURN • E-VERIFY WITHIN 30 DAYS VIA: • Aadhaar OTP • Net Banking • ITR-V (physical submission to CPC Bangalore)
STEP 7 – TRACK REFUND OR NOTICES • TRACK REFUNDS: E-FILING PORTAL OR TIN NSDL • MONITOR EMAIL & PORTAL DASHBOARD FOR: • Notices • Refund updates • Clarification requests
COMMON MISTAKES TO AVOID 🚫 Incorrect residential status 🚫 Wrong ITR form 🚫 Incomplete income disclosures 🚫 Skipping capital gains 🚫 Not e-verifying the return
FILING DEADLINES FOR FY 2024–25 • July 31, 2025: Individuals (not under audit) • October 31, 2025: Audit cases • December 31, 2025: Belated returns
WHY CHOOSE JS FINANCIAL SERVICES? • ✔ 15+ years of expertise in NRI taxation • ✔ End-to-end ITR filing support • ✔ DTAA benefits & compliance assurance • ✔ Hassle-free, accurate, and fast service • 📞 Call: +91 73400 02251 • 🌐 www.jsfinancials.in • 📧 info@jsfinancials.in
COMPLIANCE = PEACE OF MIND With increased global scrutiny and data tracking,timely ITR filing is essential for NRIs. Let JS Financial Services handle the complexities while you stay worry-free. 📞 +91 73400 02251 | 🌐 www.jsfinancials.in | 📧 info@jsfinancials.in