Share soft copies (scanned or photos) of the required documents to support@eztax.in or upload on the EZTax.in portal:
Important Links: NRI Tax Help Center · NRI Income Tax Guide · NRI Income Tax FAQs · Residential Status Calculator
Who is NRI?
An Indian citizen who has gone out of India or who stays outside India for the purpose of employment, or any other circumstances is an NRI (Non-Resident Indian). As per Income Tax Act, an individual who is not a resident of India is a Non Resident. As per FEMA (Foreign Exchange Management Act), a person residing outside India is an NRI.
What determines NRI status?
Your residential status is determined based on the number of days you have stayed in India during the financial year. If you have stayed in India for 182 days or more, you are a Resident Indian. If you have stayed in India for less than 182 days, you are an NRI. There are special rules for individuals who have been outside India for certain purposes like employment or business.
Do NRIs need to disclose foreign bank account info in tax returns?
Yes. NRIs are required to disclose their foreign bank account details in their Indian income tax return if they have one. The disclosure includes the country name, name and address of the bank, account number, and the period during which the account was held. Failure to disclose may attract penalties.
How can I send documents?
You can securely send documents through EZTax.in using our encrypted document upload feature. After signing up, you'll get access to a secure client portal where you can upload all your documents. Alternatively, you can email them to support@eztax.in or share via WhatsApp for smaller files.
What is the Draft computation sheet?
A draft computation sheet is a summary of your income, deductions, and tax liability prepared by our tax experts based on the documents you provide. It shows your total income from various sources, applicable deductions, taxable income, and the tax payable or refund due. You can review and confirm this before we file your return.
How to give confirmation to draft sent by EZTax?
Once our tax expert prepares your draft computation sheet, it will be shared with you via email or through your EZTax client portal. You can review all the details and reply with your confirmation. If you have any queries or corrections, you can communicate them at this stage. Once confirmed, we will proceed with filing your return.
What is ITR-V acknowledgement?
ITR-V is the acknowledgement generated after successfully filing your income tax return online without a digital signature. It is a one-page document that you need to verify electronically (via Aadhaar OTP, net banking, or bank ATM) or physically sign and send to CPC Bangalore within 120 days of filing. EZTax will guide you through the e-verification process.