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Income Tax Return (ITR) Filing for NRI in India – Complete Guide

Income Tax Return (ITR) filing in India is mandatory not just for residents but also for Non-Resident Indians (NRIs) under certain conditions. With globalization and increasing cross-border investments, many NRIs earn income in India through property, bank deposits, shares, mutual funds, or business operations. While their residential status exempts them from taxation on global income, income earned in India is taxable as per Indian tax laws.<br>

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Income Tax Return (ITR) Filing for NRI in India – Complete Guide

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  1. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide business consultant services Income Tax Return (ITR) Filing for NRI in India – Complete Guide August 20, 2025 Income Tax Return (ITR) filing in India is mandatory not just for residents but also for Non-Resident Indians (NRIs) under certain conditions. With globalization and increasing cross-border investments, many NRIs earn income in India through property, bank deposits, shares, mutual funds, or business operations. While their residential status exempts them from taxation on global income, income earned in India is taxable as per Indian tax laws. This guide provides a complete overview of — including eligibility, taxation rules, documents required, step-by-step filing procedure, and professional assistance available through YKG Global. Income Tax Return filing for NRIs in India Who Is Considered An NRI For Tax Purposes? https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 1/8

  2. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide According to the Income Tax Act, 1961, a person is treated as a Non-Resident Indian (NRI) if: They stay in India for less than 182 days in a financial year, OR They stay in India for less than 60 days during the year and less than 365 days in the past four years. This classification is important as it decides how much of their income in India is taxable. When Does An NRI Need To File An ITR In India? An NRI must file an ITR in India if they earn: Income from Salary – if received in India or earned for services rendered in India. Income from Property – rental income from property located in India. Income from Investments – capital gains from shares, mutual funds, or other securities. Income from Business or Profession – if set up or controlled in India. Other Sources – such as fixed deposits or savings account interest (beyond exemption limits). If an NRI’s taxable income exceeds ₹2.5 lakh in a financial year, filing ITR in India is mandatory. Taxable Income For NRIs Salary Income – Taxed if services are rendered in India. https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 2/8

  3. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide Property Income – Rental income is fully taxable; however, deductions for municipal taxes and standard 30% allowance are allowed. Capital Gains – Short-term and long-term capital gains are taxable as per rules. Interest Income – Taxed at 30% for NRO account deposits; exempt for NRE and FCNR accounts. Documents Required For NRI ITR Filing Passport and Visa details (to establish residential status). PAN Card. Form 16 (if salaried). Details of bank accounts (NRO/NRE). Investment proofs (mutual funds, shares, real estate). TDS certificates (Form 16A). Proof of foreign income (for DTAA applicability). Step-By-Step Process Of Filing ITR For NRIs In India Determine Residential Status – Using the Income Tax Act criteria. Collect Documents – PAN, bank statements, investment proofs, TDS certificates, etc. Compute Taxable Income – Include income from salary, property, investments, etc. https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 3/8

  4. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide Claim Deductions – Section 80C, 80D, 80G, and other permissible deductions. Apply DTAA Benefits – Avoid double taxation by claiming relief under Double Taxation Avoidance Agreement (DTAA). Choose Correct ITR Form – ITR-2 or ITR-3 depending on income type. File Online – Login to the Income Tax e-filing portal and submit your return digitally. Verification – Complete e-verification through Aadhaar OTP, Net Banking, or send signed ITR-V to CPC Bangalore. Benefits Of Filing ITR As An NRI Compliance with Indian tax laws. Avoidance of penalties and interest. Ability to claim TDS refunds. Facilitation of financial transactions like home loan applications. Smooth repatriation of funds outside India. Proof of income for global investments and visa applications. Penalties For Non-Compliance Failure to file an ITR on time may result in: Penalty of up to ₹5,000 under Section 234F. Interest on unpaid taxes under Sections 234A, 234B, and 234C. https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 4/8

  5. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide Difficulty in repatriating funds outside India. How YKG Global Helps NRIs With ITR Filing At YKG Global, we provide end-to-end support for NRI Income Tax Return filing in India, including: Assessing your residential status. Tax planning to reduce liability under DTAA. Preparing accurate tax computations. Filing ITR online and ensuring compliance. Handling notices or queries from the Income Tax Department. With 40+ years of experience and global clientele, we ensure seamless and hassle-free ITR filing for NRIs. Frequently Asked Questions (FAQs) 1. Can NRIs file ITR online from abroad? Yes, NRIs can file ITR online from anywhere in the world using the Income Tax Department’s e-filing portal. 2. Do NRIs need an Aadhaar card to file ITR? No, Aadhaar is not mandatory for NRIs. 3. Is rental income taxable for NRIs? Yes, rental income from property in India is taxable, but deductions are available. 4. How can NRIs avoid double taxation? By claiming relief under the Double Taxation Avoidance Agreement (DTAA). https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 5/8

  6. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide 5. Which ITR form should an NRI file? Usually, ITR-2 is used for most NRIs unless they have income from business/profession (then ITR-3 applies). Income Tax Return (ITR) filing for NRIs in India is a crucial compliance requirement that helps avoid penalties, ensures smooth financial operations, and allows NRIs to claim refunds and DTAA benefits. With the right professional support, the process becomes simple and stress-free. At YKG Global, our experts specialize in NRI taxation services, helping you file ITR accurately and on time, no matter where you are in the world. Email: Rishi@ykgglobal.com Website: Call/WhatsApp: +91 76782 77665 Offices: Delhi | Mumbai | Dubai | Singapore www.ykgglobal.com Enter Comment Popular posts from this blog AEO Registration - Documents Required & Eligibility Criteria in India August 06, 2025   Key Requirements for AEO Certification in India Before applying for AEO (Authorized Economic Operator) status, businesses must ensure they meet all documentation and compliance criteria as outlined by the Central Board… https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 6/8

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  8. 8/20/25, 2:52 PM Income Tax Return (ITR) Filing for NRI in India – Complete Guide propel yourbusiness success and optimize tax efficiency. Our goal is to guide you through thecomplexities of an ever-evolving marketplace with ease. Our expert professionals bring deep… VISIT PROFILE Archive Report Abuse https://ykgglobal01.blogspot.com/2025/08/income-tax-return-itr-filing-for-nri-in.html 8/8

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