Do NRI need to file IT return? Even If they don't have Income In India| NRI Income Tax Return

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  • Опубликовано: 16 сен 2024
  • #nri #incometaxreturn #aktassociates
    Are you an NRI and Confused about whether to file an IT return or Give it a Pass, Watch this Most practical reason from an Expert CA Arun Tiwari
    To consult regarding your Income Tax Return and get complete guidance directly with CA Arun Tiwari
    Use the link below:-
    rzp.io/l/akt-n...
    Please Note:- “This is Paid to consult and you need to pay Nominal consulting Fees of Rs 2499/-, Which will be reduced from the final ITR handling fees.
    So in Nutshell if you assign the Income Tax Return assignment to us, Consulting will become free”.
    ---------------------------------------------------------------------------------------
    For any query which involves personal data please send it to the below mentioned email id.
    Contact No- 8080088288
    email- cs@aktassociates.com
    Kindly note “if the query requires some work-out or further study there will be some consulting fees, Which will be reduced from the final ITR handling fees.
    So in Nutshell if you assign the Income Tax Return assignment to us, Consulting will become free”.
    --------------------------------------------------------------------------------------
    #IncomeTaxReturns #NRI #aktassociates
    --------------------------------------------------------------------------------------
    For General Queries please post your queries in the Comment section
    Either CA Arun Tiwari or the Tax Team will reply to your query ASAP.
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Комментарии • 62

  • @venkataratnamjupudy5850
    @venkataratnamjupudy5850 8 месяцев назад

    As Interest on NRE deposits is tax exempt and Form 26 AS do not include the details of NRE deposits,
    a) Is it proper on the part of banks to
    show NRE deposits ,as time deposits in the SFT form (which includes deposits of NRO and NRE fixed deposits as TIme deposits)?
    2. Income tax department will not
    distinguish which is tax exempt b
    and recently many NRIs got notice
    submitted to income tax as NONFIlERS.?
    3 Why the IT department will not modify the SFT to show NRE deposits clearly?
    4 As per the CBDT circular instructions on guidelines , it is clearly mentioned that these tax exempt deposit details need not be mentioned in SFT, but banks treat all deposits as time deposits due to
    lack of clarity.
    5.As AIS /TIS are extension of Form 26:AS , why there is no clear directions issued to financial institutions on whether to submit details of NRE deposits and make mandatory to inform details of tax exemption duly mentioning the interest earned on NRE deposits, to
    NRI customers in a specific format like formb16/16 A?

  • @ashvinshah1081
    @ashvinshah1081 11 месяцев назад

    I am NRI and sold some RELIANCE STOCK IN 2022 and HDFC DEDUCTED tax and also got TDS certificate. Still I have to file tax return for 2022. I already paid capital gain tax in USA

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  11 месяцев назад

      You should File return to get the refund , However if total income is not more than 2.5 lakh or Refund amount not matter to you, you can skip filing return For more Information 📞 8080088288 or mail✉ us on cs@aktassociates.com

  • @kiranpalsingh833
    @kiranpalsingh833 Год назад

    Thanks for video

  • @prernatiwari3193
    @prernatiwari3193 3 месяца назад

    Hi
    I have a question , I am currently staying in Uk working at IT on deputation for last 2years . My Indian salary gets converted to pound which I receive in Uk . Hence in India Form 16 shows no income. Now I have applied for a property in India and pay installment . Do I need to file a ITR 1 /3/4 ? Also how to make the source for the property

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  3 месяца назад

      Your question is very complex. Better you contact our NRI desk at 8080088288 or email us at cs@aktassociates.com.
      Our client support team will surely help you.

  • @deependrayadav6331
    @deependrayadav6331 7 месяцев назад

    Hi, I am an NRI from Germany. I have question regarding paying tax on indian investment in Germany. stocks capital gain tax in germany is 25% so under DTAA after paying STCG/LTCG 10/15 % in India rest 15/10 % respectively I need to pay here in Germany. So I am looking for an option to do Indian investment under some other entity like HUF/ company, so I don’t need to declare this entity here in Germany and no need to pay extra 15/10% tax in Germany. Can you please provide more Information on that ? Do you have idea about it ?

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  7 месяцев назад

      @deependrayadav6331 Contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com.

  • @AzharGhumakkad
    @AzharGhumakkad Год назад

    Mera NRE bank account hai sbi mein.
    Agar mein International exchange se crypto buy ya sale karta hun p2p se
    To kya mujhe tds 1% katwana hoga aur kya mujhe 30%tax v dena hoga ?
    Please suggest me the better option to invest in crypto as a NRI.

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  Год назад

      We request you to take consultation.
      Kindly contact our client support for detail. @ 8080088288 or mail us on cs@aktassociates.com

  • @rangarajangovindarajan1716
    @rangarajangovindarajan1716 Год назад

    My friend's father was an NRI and filed his ITR regularly for decades. Now he is no more. In order to avoid Notices from the IT Department, how can my friend inform the IT Department that his father is no more ? Can he upload a copy of the Death Certificate ?

    • @moltenlava1877
      @moltenlava1877 Месяц назад

      @@rangarajangovindarajan1716 Om Shanti 💐

  • @sudhakarcowboy09
    @sudhakarcowboy09 6 месяцев назад

    Hello, I am an NRI holding NRE deposit accounts that generating 5-7 lacs interest income per annum. There is no other income generated apart from NRE deposits. as NRE deposit income is tax exempted, should I need to file ITR? please advise.

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  6 месяцев назад

      @sudhakarcowboy09
      Although interest income from NRE deposits is tax-exempt, We always advise our clients to file ITR in India if their total income exceeds the basic exemption limit.
      If you need more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com.

  • @KarthikeyanR-xr9fj
    @KarthikeyanR-xr9fj Месяц назад

    Good morning sir, I am an NRI living in Netherlands. I purchased a property in India by obtaining a housing loan in India. Do i have to file ITR?

    • @caaruntiwari3170
      @caaruntiwari3170 Месяц назад

      No its not required if you don;t have any Income in India, However always better to consult a CA when in Doubt

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  Месяц назад

      For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com

  • @user-wl7kv7je8v
    @user-wl7kv7je8v 9 месяцев назад

    I have income above 3 lakhs in india for fy 202-23 and i have stayed full year in us for 2022-23. Do i need to file the return and also do i need to disclose US salary income also

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  9 месяцев назад

      If your income exceeds the threshold, you must file an ITR in India, even if you stayed abroad for the entire year. Additionally, you need to disclose your US salary.
      If you wish to file an ITR contact our client support team @ 8080088288 or email us at cs@aktassociates.com.

  • @ALivVlogs
    @ALivVlogs 2 года назад

    Hello Mr. Arun, Supposed the year in which I deal in Share/Equity, I need to file in ITR2 but what happened on the year when I didn't deal in any such Capital Gains. I need also to file ITR2 to be continued or ITR1 is okay?

    • @caaruntiwari3170
      @caaruntiwari3170 2 года назад +1

      Hi better to take help of a CA, wrong form filing amount to non filing if return

    • @ALivVlogs
      @ALivVlogs 2 года назад

      Will you please help in this .

    • @Utopiya_
      @Utopiya_ Год назад

      Yes..ITR 1 is okay

  • @ngg8558
    @ngg8558 Год назад

    Sir your utube video is very informative. Thank you. I have a question. A property sold in 2016, deposited a cheque in my NRO account. I file tax every year With my CA. I have NO income or rents going into my bank account but I earn interest less than a 1 lac each year. Do I have file my tax? Pls advise

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  Год назад

      Yes, you need to file your tax returns annually if you have interest income and report the property sale from 2016. Consult CA Arun Tiwari for more information.📞 8080088288 ✉ cs@aktassociates

  • @reddyv1259
    @reddyv1259 Год назад

    Hi Sir, I am Nri. I have filed ITR1 and not shown any capital gains thinking that tax is already deducted while selling the shares by broker. Now I got notice and I think I should file Itr2 for updating return. Can you pls help on this and howmuch you charge?

  • @Gulmohar_India
    @Gulmohar_India Год назад

    What happens if we have never filed a tax return for more than 10 years and we want to do it now?

    • @reetu8109
      @reetu8109 Год назад

      Hi. Did you get any answer for this. Pls help. I am trying to find too

    • @samuelmebin
      @samuelmebin Год назад

      @reetu and @vpss. If you guys find the answer. Do let me know too. 👍🏻

    • @tia7765
      @tia7765 3 месяца назад

      Any updates

  • @ganeshbyale5024
    @ganeshbyale5024 3 месяца назад

    Do I have to disclose my income outside India to income tax India while filling the ITR

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  3 месяца назад

      No, NRIs do not have to disclose their income earned outside India while filing their income tax returns in India.
      For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com

    • @ganeshbyale5024
      @ganeshbyale5024 3 месяца назад

      @@AKTAssociatesOfficial I have consulated one CA and he says , I need to disclose the Earning outside of India.
      When I asked the reason he said, when I return to India and start spending money , if income tax asks you from where did I get that money
      I can say that , I have already declared in the ITR that I have this much of income outside India.

  • @rajeshk4502
    @rajeshk4502 Год назад

    i have income only from NRE dep and i put my wife as second or say 3 rd holder as i ahve son as well.. do they that is my wife or son have to fiel TAX return

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  Год назад

      We advise to consult on this issue For more info WhatsApp Client support @ 8080088288 or cs@aktassociates.com

  • @gads1750
    @gads1750 2 года назад

    Do US citizens who are OCI holders required to file tax returns if they have rent property, FD interest etc?

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  2 года назад +2

      If there income in a Year Exceeds Rs 250000, Just Remember if you have short term or Long term Capital Gain this benefit will not be applicable to you.

    • @anu_inspired6744
      @anu_inspired6744 Год назад

      Oci holder working in uk if rental income in India does not exceed 250000 do they have to declare that in uk and pay the taxes on it

  • @deepakshakya1039
    @deepakshakya1039 2 года назад

    सर मैं बेरोजगार हूं लेकिन मेरे पिता की सरकारी नौकरी है वह मुझे पैसे देते हैं और कहते हैं कि इसकी अपने खाते में fd कराओ ऐसे करके मेरे पोस्ट ऑफिस में आठ लाख की एफडी है क्या यह आगे चल कर मेरे लिए इनकम टैक्स डिपार्टमेंट से समस्या खड़ी कर सकता है

    • @caaruntiwari3170
      @caaruntiwari3170 2 года назад

      Koi dikkat nahi hogi

    • @prince93047
      @prince93047 Год назад

      Please file ITR for FD interested

    • @nsn141914
      @nsn141914 3 месяца назад

      Sir aap ye 5 lakh mujhe de de . Taki aap ko koi problem nahi ho future me. 😅 you can mention in your itr its gift from father.

  • @eniuni4645
    @eniuni4645 2 года назад

    I am working in Saudi Arabia since 10 years and there is no other sources of income from India do I need to submit IT return if so , do I need to submit all 10 years IT returns at once. Please let me know

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  2 года назад +1

      Its always better to File NIL Return to avoid tax litigation,

    • @eniuni4645
      @eniuni4645 Год назад

      @@AKTAssociatesOfficial Thanks

  • @sindhurasindhu4948
    @sindhurasindhu4948 Год назад

    Hi last year i went to usa for employment in july...
    I got salary for 6 months in India .. do i need to file itr ??

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  Год назад

      Yes, if you earned a salary in India during the financial year, you may need to file an ITR.
      for more info contact our client support team @ 8080088288 or you can mail us on cs@aktassociates.com

  • @karsanpraghwani1234
    @karsanpraghwani1234 2 года назад

    PLEASE ADVICE IF ANY TAX IS TO BE PAID IN INDIA , IF I HAVE ALREADY PAID TAX IN UK OR KENYA ACCORDING TO THE COUNTRIES LAW OF INCOME EARNED IN UK OR KENYA..IF AM HAVING NRE & NRO ACCOUNT DO I HAVE TO PAY TAX ON NRE FDS INTEREST EARNED, AS MY PASSPORT IS NOT OF INDIA, BUT HAVING OCI .IF AM LIVING MOSTLY IN INDIA FOR LAST 5 YEARS.AT YHE MOMENT I AM FILLING RETURNS.

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  2 года назад

      Hi We need to first calculate your NRI Status than only a clear advise can be given, You can refer this video ruclips.net/video/qyhpq07qDm0/видео.html, Or if you need to consult with CA Arun sir you can contact Client support @ 9699042660 for online consulting appointment

    • @advjagmohanmendiratta3899
      @advjagmohanmendiratta3899 2 года назад

      @@AKTAssociatesOfficial what about NRI s who are citizens of USA...???.? Usefull video 👍

    • @caaruntiwari3170
      @caaruntiwari3170 2 года назад

      @@advjagmohanmendiratta3899 If you have any income in India like rent, interest, than better to file return even it is not above taxable limit, Just to be sure, However if no income is earned, return filing not required

  • @swamipons2052
    @swamipons2052 2 года назад

    Hello Sir, does DTAA applicable for ITR-U?

  • @kiadronger
    @kiadronger 11 месяцев назад

    i am on h1b visa
    sir do i need to file itr?

  • @sanjeevjoseph2517
    @sanjeevjoseph2517 Год назад

    Hi sir i have taken a loan from Kuwait and transferred money to india do i have to pay tax ???

    • @AKTAssociatesOfficial
      @AKTAssociatesOfficial  Год назад

      We request you to take consultation.
      Kindly contact our client support for detail. @ 8080088288 or mail us on cs@aktassociates.com

  • @8bitgamer2193
    @8bitgamer2193 2 года назад

    If nri do not have any income India is it compulsory to file return

    • @caaruntiwari3170
      @caaruntiwari3170 2 года назад

      Not Compulsory but advisable, To avoid unnecessary hassles from tax department