Explore the Benefits of Filing Your Income Tax Return
Recently, the Government has introduced an 'Annual Information Statement' that summarizes all financial transactions, including bank interest, share market transactions, and real estate transactions, in a single document. This statement captures all transactions that have come to the Government's attention, making it advisable for NRIs who conduct financial transactions in India to file their tax returns annually to prove their 'non-resident' status in India for each tax year. Income Tax Law ...