NRIs Shall Soon File Income Tax Return in India for FY 2017-18

News, Taxation

Income tax return filling is a daunting task for NRIs even the slightest mistake or mismatch can land them in a trouble. To make the matter worse, the Income Tax Department has now attached a penalty for missing the deadline i.e. July, 31. Here, you will get to know whether you are an NRI as per Income Tax Act and what should you do.

The NRIs can either file the tax return, by themselves or take the help of a chartered accountant or an expert to file the returns. If they file the returns on their own, they need to understand the process fully. There are certain rules and regulations that an NRI need to adhere to while filing the returns.

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