Non-Residents are always concerned about their compliance with India Taxation Rules and Regulations. In case Non-Residents own assets or have inherited wealth in India and/or have taxable income in India, then they are liable to file their Income Tax returns in India.
Filing of tax returns in India by Non-Residents is always advisable. It facilitates ease of movement/transfer of funds across border for the NRI’s if they are Tax compliant and appropriate disclosures have been made to the Tax authorities. It also safeguards the Non-Residents against any penalty and prosecution.
We at Gopal Chopra & Associates have a dedicated Team of Experts who offer personalised and quick responses and handle all Tax related issues pertaining to all Non-Residents whether is is Non-Resident Indians (NRI’s), Overseas Citizen of India (OCI’s), Persons of Indian Origin residing overseas (PIO’s) and Foreign Citizens Residing in India (Expatriates).