Income Tax Return filing
Return filing for residents with foreign income and NRIs with Indian income requires attention to residential status, tax credits, treaty relief, and disclosure schedules. We help clients prepare accurate returns and align them with the supporting tax documents available for the year.
We Provide the following Services for Tax Filing
- Salaried individuals with single or multiple Form-16 including Residents With Foreign Income salary.
- Individuals with house property or Salaried Persons or both
- Tax filing for salaried individuals with Other Sources like interest Income Casual income etc
- Includes foreign & domestic income and resulting tax liabilities
- Handling complexities of taxation in multiple countries, availing double taxation avoidance agreements (DTAA)
- Declaration of foreign assets for Indian residents (Schedules FA, FSI and TR in the Income Tax Return)
- Residents With Foreign Income / NRI having Indian Income
- CA Assisted Filing of your Income Tax returns
- Email / Skype / Calling Support
Documents required for Income Tax Return filing
- Form-16 from your company
- Additional Form-16
- Form-26AS Tax Credit Statement
- Aadhaar card
- Bank Statement
- Bank A/c - NRE / NRO A/C statement(if any)
- Details of House Property
- Other Necessary Documents
Frequently Asked Questions
How does income tax apply in India?
Income tax is levied under the Income-tax Act, 1961 on taxable income earned by individuals, firms, companies, and other persons, subject to the applicable exemptions, deductions, and rate structure.
What is an income-tax return?
An income-tax return is the prescribed statement filed with the income-tax department to report income, deductions, taxes paid, and other required details for a financial year. The applicable ITR form depends on the taxpayer's status and the nature of income.
What does Form 26AS show?
Form 26AS is the tax credit statement linked to the taxpayer's PAN. It generally reflects TDS, TCS, advance tax, self-assessment tax, and certain other tax-related entries available in the income-tax system.
I am an NRI, should I still have to file tax returns in India? I own a property in Bangalore and the Tenant Deducts Tax (TDS). Should I still file my Tax returns?
Yes. In case of non-residents, all income which accrues or arises in India such as rent from the property, interest from deposits, dividends from the company, gain from the sale of property are subject to tax. Wherever taxes are applicable and even if such taxes are deducted by the tenant or the buyer of the property, etc., NRIs are obliged to file tax returns.