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Should an NRI file I-T returns if there is no income in India?
Mint Mumbai
|September 07, 2023
Is it compulsory for a nonresident Indian (NRI) to file income tax return (ITR) every year in India despite not having any income in India? -Dolly Moga
According to Indian tax laws, any person whose income exceeds the maximum amount not chargeable to tax (i.e. ₹2.5 lakh under the old tax regime; ₹3 lakh under the new tax regime) during the financial year, is required to file an ITR in India. Therefore, you are not obliged to file returns if you do not have any income in India.
Dit verhaal komt uit de September 07, 2023-editie van Mint Mumbai.
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