DelhiDesk The article discusses whether a non-resident Indian (NRI) with minimal income in India needs to file an income tax return (ITR) in India. If the NRI’s total income is below the taxable limit of ₹2.5 lakh, there is no need to file an ITR. However, if the NRI wants to claim a refund of the tax deducted at source (TDS), they must file a tax return. Alternatively, the NRI can declare to the bank that their total income is below the taxable limit and obtain a no TDS certificate from the income tax department. The certificate can be submitted to the bank to avoid TDS and the need to file a tax return.
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Here is the news bullets sorted by DelhiBreakings.com team.
👉 My son is an NRI and used to file ITR in India
👉 Currently, he has almost no income in India except for a negligible interest income
👉 If his total income is below the taxable limit of ₹2.5 lakh, he doesn’t need to file ITR
👉 If he wants to claim a refund of TDS, he needs to file a tax return
👉 He can obtain a no TDS certificate from the income tax department and submit it to the bank to avoid TDS and filing ITR
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