Do NRIs Need to File Tax Returns in India? – VPS & Associates, Hyderabad

One of the most common questions Non-Resident Indians (NRIs) ask is:

“I am an NRI. Should I file tax returns in India even if tax (TDS) is already deducted on my income?”

The Answer is Yes!

As per the Income Tax Act, 1961, any income earned or accrued in India is subject to taxation. This includes:

✔ Rental income from property in India
✔ Interest earned from deposits
✔ Dividends from Indian companies
✔ Capital gains from the sale of property

Even if TDS (Tax Deducted at Source) is deducted on such income, NRIs must still file income tax returns (ITR) if their total taxable income in India exceeds the basic exemption limit.

Why Should NRIs File Tax Returns?

✅ To claim a refund in case of excess TDS deduction
✅ To avail tax exemptions under various sections
✅ To comply with Indian tax laws and avoid penalties
✅ To report capital gains and adjust against exemptions
✅ To maintain a clean tax record for future investments or repatriation of funds

How VPS & Associates Can Help?

At VPS & Associates, Hyderabad, we have a dedicated team specializing in NRI taxation and compliance. Our services include:

✔ Filing ITR for NRIs and ensuring compliance
✔ Claiming TDS refunds on rental income and property sales
✔ Capital Gains Tax advisory for property transactions
✔ Handling tax notices and scrutiny cases
✔ Assisting with repatriation of funds from India

Get Expert NRI Tax Assistance Today!

If you are an NRI looking for tax filing services in India, reach out to us for expert guidance.

📌 VPS & Associates – NRI Taxation Experts
📍 Location: Hyderabad

📧 Email id : team@vpsandassociates.com

Contact us today!

☎️ Landline: 040 – 29801299
📲  Mobile no: 8886359392 / 9030931302

Let us handle your tax compliance, refunds, and financial planning in India! 🚀