Income Tax & NRI Taxation

Income Tax & NRI Taxation

Our tax services are crafted to maximize value, mitigate risks, and keep you ahead of the compliance curve—whether you are an individual, business owner, or an NRI.

    Customized advisory on structuring income, investments, and transactions to minimize tax liability while maintaining full compliance

  • Tax Audit
  • In-depth analysis and audit of accounts under Section 44AB of the Income Tax Act, with emphasis on error-free filing, compliance, and reporting.

  • Income Tax Advisory & Filing
  • From simple ITR filings to complex tax structuring, we provide seamless and prompt support for individuals, firms, and corporations.

  • NRI Taxation
  • Tailored support for NRIs including residential status analysis, DTAA advisory, repatriation assistance, asset structuring, and filing of returns in India.

  • Easy ITR Filing
  • Simplified and tech-enabled income tax return filing, ensuring speed, accuracy, and peace of mind.

Frequently Asked Questions

Any individual whose gross total income exceeds the basic exemption limit (₹2.5 lakh for individuals below 60, ₹3 lakh for senior citizens, ₹5 lakh for super senior citizens) must file an ITR. Additionally, companies, LLPs, and firms must file regardless of profit or loss. NRIs with income accruing or arising in India also have a filing obligation.

A tax audit under Section 44AB is mandatory for businesses with annual turnover exceeding ₹1 crore (or ₹10 crore if cash transactions are below 5%) and for professionals with gross receipts exceeding ₹50 lakh. The audit must be conducted by a Chartered Accountant and the report (Form 3CA/3CB + 3CD) must be submitted before the due date, typically September 30.

NRIs are taxed only on income earned or received in India — not on their global income. Key differences include: TDS is deducted at higher rates on NRI income (e.g. 30% on capital gains), no basic exemption benefit under certain conditions, DTAA (Double Taxation Avoidance Agreements) can be used to reduce or eliminate double taxation, and NRIs must carefully plan repatriation of funds to avoid FEMA violations.

For salaried individuals: Form 16 from employer, Form 26AS (tax credit statement), AIS/TIS from income tax portal, bank statements, investment proofs (80C, 80D etc.), and home loan interest certificates if applicable. For business owners: P&L account, balance sheet, GST returns, TDS certificates, and bank statements. NRIs additionally need details of foreign income and assets.

Yes. A Chartered Accountant can help you structure income and investments to maximise deductions under Section 80C (up to ₹1.5 lakh), 80D (health insurance), 80G (donations), HRA exemptions, capital gains tax planning (long-term vs. short-term), and choosing the optimal tax regime (old vs. new). Proactive tax planning — rather than last-minute filing — is where the biggest savings are found.