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Income Tax Return Filing Tips for NRIs

Income Tax Return Filing (ITR Filing) Tips for NRIs

Income Tax Return Filing in India is essential for NRIs for the income that has been earned by them in India. But the selection of the correct ITR form is very important for ITR filing. For NRIs, there are two forms available for NRIs to file ITR online which are ITR 2 & ITR 3.

Selection of ITR form

As per the Income Tax laws of India, to file ITR online, NRI should file the ITR 2 in all cases including salary, and interests, except for the business income from India and if you have the business income from India then you should file ITR 3. So, by keeping in mind the correct ITR form, tax filing should be done by the NRIs.

Some tips for ITR Filing NRI taxpayers

There are some important points NRIs should remember while ITR filing online.

  • NRIs must have to specify their residential status while filing the ITR.
  • NRIs should select the correct ITR form.
  • There is no compulsion of Aadhaar Number for NRIs.
  • NRIs should put the appropriate details related to the assets & liabilities including the details about both movable & immovable property.
  • Disclosing the foreign bank account details is optional for NRIs.
  • In case of exemptions of Long Term Capital Gains, the NRIs must file ITR.

These are some essential points NRIs should remember during income tax e-filing.

Basic tax exemptions on ITR Filing for NRIs

The NRIs will get the basic tax exemption, while ITR fling online, which is of Rs. 2,50,000/- from the income earned in India. NRIs will get exemptions on tax filing for the following aspects:

  • The interest earns on an NRE or FCNR account.
  • Income on the notified bonds & savings certificates that have been issued by the Government.
  • Long-term capital gains from equity shares & equally-oriented.
  • Capital gains on immovable property.

Tax deductions available for NRIs for ITR Filing

The tax deductions that the NRIs will get on Income Tax Return filing are as given below-

Deductions under section 80C

  • Life insurance premium payment
  • Tuition fee payment
  • Principal repayment of home loans.
  • ULIPs investment
  • House property Income

Deductions under section 80D

  • Tax deductions on health insurance premiums

Deductions under section 80E

  • Deduction on the interest that has been paid on the education loan for higher education

Deductions under section 80G

  • Tax deductions on the payments made in the form of appropriate donations as per section 80G

Deductions under section 80TTA

  • NRIs will get deductions on the interest from the savings bank account up to a maximum of Rs. 10,000/-


Selection of the correct ITR forms and understanding all the aspects are very important for NRIs. For any query related to the ITR filing online for NRIs, ITR Forms, or any other income tax e-filing-related confusion you can contact us. Legal Pillers is here to resolve your queries. So, contact us at +91-8595619809.

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