Every NRI i.e Non Resident Indian who has earned income in India is required to pay taxes on such income. The income may be on rendering some services or on sale of some assets located in India. Any excess TDS that may have been deducted can also be claimed as refund only if assessee files return within due date.
Handling complex Expert'ses where foreign income is involved requires expert assistance. ClearTax assigns a Expert to you after payment. The Expertcontacts you and prepares your return. Finally, the Experte-files the income tax return after your review.
Most of the support and assistance is offered over email. You can always schedule a phone call / Skype call with the Expert at a time that’s convenient to you as per your time zone.
Your residential status for Income Tax purposes is based on the number of days you spend within India. If you are a foreign national living within India, you may be considered a ‘Resident Indian’ for tax purposes, and similarly if you are an Indian living abroad, you might be considered a Non-Resident Indian (NRI).
Typically, if you are in India for 182 days or more during that financial year, you will be considered a resident. There are a few more conditions associated with this. Check your residential status here.
ClearTax taps into its Expertnetwork and puts you in touch with a qualified CA. These Expert's bring a combined experience of 40 years in foreign taxation.
This plan is the right plan for you. In this plan, a Expertwill prepare and submit your tax return to the IT Department. He will also fill out foreign income-specific schedules and check relevant compliance with regard to Double Taxation Avoidance Agreement.