Does NRI Need to File an Income Tax Return? Latest Changes in 2024

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AKT Associates

AKT Associates

Күн бұрын

#nri #incometaxreturn #aktassociates
Hi, Are you an NRI? Then you must be aware of the latest amendments in Income tax for NRIs
This Channel is dedicated to NRI Friends and planned to help them in, four areas
1) NRI Taxation, DTAA, and FEMA Compliance
2) NRI Property matters
3) NRI Legal matters, such as Will, Inheritance, Family Settlement, etc
4) NRI Investment matters in India
Pls feel free to ask your queries and I will surely study, Consult, and make a Video on that or at least answer in the comment section. Kindly note please Don't leave personal information in the comment section and send such queries to
Client support Team on WhatsApp @ 8080088288 or
on Email - Cs@aktassociates.com, they will help you to answer your common queries and for specific queries, they will arrange an Appointment.
Pls, note there will be a nominal consulting fee for such an appointment which will be reduced from final fees if any work or assignment is provided to us. making consulting Free on the net.
I strongly recommend going through the channel first as most of the queries I have already answered before paying for consulting.
Some Popular topics and related videos are listed herewith
1) Complete Stepwise Property sell Procedure for NRIs in 2023
• TDS on NRI Property Sa...
2) Tax for Seafarer
• पूर्ण Tax Guidance Ind...
3) NRI Property Sell Playlist
• TDS on NRI Property Sa...
4) NRI QNA
• NRI TDS on properties ...
Chapters
00:00 Intro
01:09 When Income is more than Basic exemption
01:52 When Expenses is More than Limit
03:40 When there is a loss in the sale of Property or Sale of stocks
04:28 When there is a refund to be claimed
06:38 When there is a fluctuating income
08:00 When there is a regular income and TDS deducted on the same
08:28 Conclusion
#nri ,#aktassociates ,#nripropertyselling, #nri,#NRIRealEstate,#NRICommunity

Пікірлер: 22
@mitulsat
@mitulsat Ай бұрын
Thank you Arun Sir !
@AKTAssociatesOfficial
@AKTAssociatesOfficial Ай бұрын
@mitulsat Most Welcome!
@umeshdalvi7918
@umeshdalvi7918 Ай бұрын
If NRI returns to India in July and become Resident tgen which ITR form he has to fill and should he get exemption on the NRI FD income which he earned in first 3 months (April to Jun) as he was NRI during this period and should he consider only 9 months interest on FD as income?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Ай бұрын
In this case, he should file ITR-2 and will be taxed on the entire year's FD interest, with no exemption for the first 3 months. For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@SanthoshThatoju
@SanthoshThatoju 13 күн бұрын
Hello Sir, As an NRI, do we need to report the house purchase transaction in ITR ? The income source for the Purchase transaction was a loan at abroad. If Yes, in which ITR and where to mentione this, Kindly clarify.
@AKTAssociatesOfficial
@AKTAssociatesOfficial 13 күн бұрын
contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com Our client support will guide you.
@pandianjganesh
@pandianjganesh 24 күн бұрын
If i try to file ITR to for NRI deposit, it is not allowing to file ITR-2 without salary sheet, is this mandate salary sheet..
@AKTAssociatesOfficial
@AKTAssociatesOfficial 23 күн бұрын
Contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@jonsichauhan7803
@jonsichauhan7803 21 күн бұрын
Sir, NRI has only income in abroad but housing loan is continuing in india, how to file ITR ? Can he get deduction?
@AKTAssociatesOfficial
@AKTAssociatesOfficial 21 күн бұрын
Yes, an NRI can claim deductions on the interest paid for a housing loan in India, whether the property is self-occupied or let out, by filing ITR-2. For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@padmakumartk
@padmakumartk 16 күн бұрын
Please let me know whether to file income tax for TDS deduction of Rs. 9/- from NRO account? Unable to download 26AS due to middle name in PAN is full form but in Adhar it is initials only. To change it person needs to be in India!
@AKTAssociatesOfficial
@AKTAssociatesOfficial 16 күн бұрын
Hi Better to appoint a CA firm to check that , For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@MegaClocktime
@MegaClocktime Ай бұрын
What about NRE Deposits which are totally Tax free and fully repatriable. Still the deposits are shown in AIS report. Please advise
@AKTAssociatesOfficial
@AKTAssociatesOfficial Ай бұрын
You have to file an ITR to avoid future notices. Deposits are not considered taxable, but provide feedback on the AIS and TIS portals. For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@KK-hg3gh
@KK-hg3gh 29 күн бұрын
Is nre depodits or intereston nre fd show in itr ?
@Curious.2024
@Curious.2024 Ай бұрын
Credit Card payment of Rs 1 lakh - is it cumulative annual or cumulative monthly or one single payment?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Ай бұрын
The Rs 1 lakh limit for credit card payments is a cumulative annual limit. Multiple payments throughout the year should not exceed Rs 1 lakh to qualify for deductions under Section 80G (donations) or Section 80D (health insurance premiums). This is not a monthly limit, so ensure the total annual payments do not exceed Rs 1 lakh. Always check specific provisions for your situation. and don't forget to file ITR. For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@Curious.2024
@Curious.2024 22 күн бұрын
@@AKTAssociatesOfficial Thank you
@samirkumarranjan8347
@samirkumarranjan8347 Ай бұрын
Because ship par job karne wale country itr 2 me ksun sa select hoga
@AKTAssociatesOfficial
@AKTAssociatesOfficial 29 күн бұрын
It depends on the residential status. If you are an NRI, then you should file ITR-2 For more information feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@samirkumarranjan8347
@samirkumarranjan8347 Ай бұрын
Sir calling number
@AKTAssociatesOfficial
@AKTAssociatesOfficial 29 күн бұрын
You can contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
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