Hi Pankai,
I’m staying abroad. I am in abroad and I don’t have any earning from any employment in India. Though, I’ve earned interest from saving bank account. Also, I have few real state but no earning from those either.
I need to file my ITR. In this case, which ITR form do I need to use?
1) Which form do I need to use if I've just earning from interest on saving bank accounts. I don't have any other earning in India.
2) My current residential status is NRI being staying abroad from last 4 years. Do I need to include my foreign income (current earning) as well while filing ITR in India?
3) While filing return, Which esidential status do I need to mention - "Resident" or "Non-Resident"? How will it impact to the tax calculations and income?
I heard that starting this year, we need to file/report foreign earning (salary etc) as well. Considering this, do I need to file and report it in the same form or we have some other form what i need to use?
Thanks in advance!