1. An NRI must submit ITR Form to apply for a PAN card.

2. Choose the tax return form and complete it with the necessary details.

3. Submitting tax information electronically in the return using the electronic verification code

4. Then send in the ITR-V form with the return verification.

5. Then, assessors must send a copy of ITR-V, which has been duly signed by the assessee, to the Bangalore electronic data processing center.

6. Submit all relevant documents and Digital signatures at the Internet Portal of the Income Tax Department in India.

Legal Requirement

According to the Income Tax Act of 1961, NRIs in India are legally required to file an ITR. Penalties and fines may apply if an ITR is not filed. So enlist Legalraasta's assistance for Income tax return filing plans for NRIs & foreign nationals.

Avoids Tax Evasion

By reporting their income and paying the necessary taxes, NRIs who file ITRs can avoid tax evasion.

Records are Kept

Filing an ITR enables NRIs to keep track of their income, which is helpful when applying for loans, visas, and other things.

Refunds

Refunds can be claimed by NRIs who have paid more tax than necessary by filing an ITR. To do this, use our assistance with our income tax return filing plans for NRIs & foreign nationals.

Credit for Future Tax Savings

NRIs can claim deductions and exemptions on their income by filing an ITR, which can result in credits for future tax savings.

Demonstrates Financial Stability

NRIs can demonstrate their financial stability by filing an ITR, which is helpful when applying for loans and other financial products.