Working outside India

Hi

For claiming TDS on FD Interest and rebates, you need to file IT Return in India.

Further, even if you dont want to claim TDS and rebates, but your income taxable in India is more than INR 250000, then you are required to file return in India.

You're most welcome

Hi

If your taxable income in India is more than INR 2.5 lacs, then you have to mandatorily file return in India.

Further, in any case if you want to claim TDS on FD Interest and other rebates, you need to file IT Return in India.

Please feel free to call/ revert in case you need more clarity.

Thanks and regards

Abhishek Dugar

CA CS B.Com

Hi,

If you are a resident of India, then you will have to file a return of income if your income exceeds INR 250,000. Residential status, among other conditions, is based on your number of days you have stayed in India over the past years.

If you are a resident of India, then all the income, including your income earned outside India will be taxable in India. But, you will get credit of the taxes that you have paid outside India.

Trust this clarifies.

Regards,

Keerthiga Padmanabhan

M.Com, CA, LL.B

Hello,

It is not mandatory to file It Returns but it always preferable to file your IT returns.

Trust this clarifies your query.

Feel free to call / get back in case of further clarifications.

Thanking You.

Regards,

Rohit R Sharma

BCOM, ACA, LLB-GEN, CERT. FAFP