Woried about NRI tax returns ?
File your returns with Smart Accountants for simple,quick and effective tax filing



Income from salary
Income from house property
Rental Payments to an NRI
Income from Other Sources
You pay taxes on the interest from fixed deposits and savings account if you live in India. But, if you have an NRE or FCNR account, the interest is tax-free. For people with NRO accounts, all of the interest they get is taxed.
Special Provision Related to Investment Income
If you sell your house in India, the buyer will take 20% of the sale price before giving you the money. If you invest that money into something like selling shares or securities in India, then that investment will be taxed. The only way to avoid taxes is to invest it back into a house property as per Section 54 of the Income Tax Act.
Income from Indian assets acquired in foreign currency: 1.Shares in a public or private Indian company 2.Debentures issued by a publicly-listed Indian company (not private) 3.Deposits with banks and public companies 4.Any security of the central government 5.The central government has other assets that are not used to calculate investment income. The official gazette says so. You cannot use Section 80 when calculating investment income.
Have a question? check these answers.
If your queries are not already answered, you can mail us at support@smartaccountants.in
People who are not living in India have to pay taxes on the money they make. If you are paying someone who is not living in India, you need to get a Tax Deduction Account Number so that they can pay taxes on their money. You also need to submit Form 15CA and Form 15CB for this payment. They show how much money was paid.
An NRI who earns money in India will be taxed on that income by the country they live in - India. But they will also be taxed by their home country if they live somewhere else. For example, a person from India who lives in the United States will have to pay taxes for their Indian income as well as American income. To avoid this, there are DTAAs between countries so people do not have to pay taxes twice on the same money and can take credits for foreign taxes paid while filing their return of American income.
Community reviews.
This is just a simple text made for this unique and awesome template, you can replace it with any text.

I am a web designer, you guys are very inspiring. I wish to see more work from you, maybe more freebies. Using pixfort products made my life a lot easier!
Tommy haffman
via google.com


I am a web designer, you guys are very inspiring. I wish to see more work from you, maybe more freebies. Using pixfort products made my life a lot easier!
Marc Antoine
via twitter.com

I am a web designer, you guys are very inspiring. I wish to see more work from you, maybe more freebies. Using pixfort products made my life a lot easier!
Carla Megan
via pixfort.com


I am a web designer, you guys are very inspiring. I wish to see more work from you, maybe more freebies. Using pixfort products made my life a lot easier!
Lili
via twitter.com


I am a web designer, you guys are very inspiring. I wish to see more work from you, maybe more freebies. Using pixfort products made my life a lot easier!
Sara Smith
via google.comYou need just
Experience the quick-reliable and efficient way of ITR filing with Smart Accountants advanced RPA Pacioli®
Free
For personal projects
The right price for every usage type
$49/year
30-Day free trial