it really is recommended to file ITR as NRI in India Should you have investing transactions regardless of whether you will find losses. No. A NIL Return won't normally necessarily mean the cash flow of the person is zero or nil. It often denotes which the income tax liability of the person is nil, which is, the revenue does not exceed The essentia

declare the rebate: The rebate u/s 87A will likely be mechanically calculated because of the revenue tax Office according to the details delivered with your tax return. when you fulfill the eligibility standards, the rebate volume are going to be deducted out of your tax legal responsibility. shorter-term funds gains on listed fairness shares and

As and when the non-public Listening to is held, attend the same with assurance and preserve many of the documents helpful. forty six. We needn't multiply the authorities referred to from the worried judgments, and cited just before us, as in our impression, these decisions have not handled the cardinal aspect of statutory obligation fastened on t