ITR for Foreign Income
Expert assisted ITR filing services for Resident Indians with Foreign Income, assets, or bank accounts.
Expert assistance for filing tax returns for resident Indians with foreign income, or investments. Also, suitable for individuals who hold foreign bank accounts, or overseas assets.
Inclusions
- Income from Foreign Sources
- Reporting/ declaration of Foreign Assets and Bank Accounts
- DTAA Benefit Analysis
- FEMA Compliance Check
- Filing of Foreign Tax Credit Form 67
- Indian income under heads Salaries, Pension, House Property, Capital Gains and other sources (Interest, Dividend, etc.)
- Tax optimization guidance
- CF/BF losses
- Reconciliation with Form 16, Form 26AS, AIS, and TIS
- Tax optimization guidance
Exclusions
- This is not for NRIs/ OCIs with Income from Indian sources
- Individuals with Income from Trading (Intraday/F&O)
- Individuals with Income from Cryptocurrency
- FBAR Filing
Recommended For
- Indians working abroad - on Govt. service/ UN, NGOs etc.
- Returning NRIs/ on-site employees with foreign income
- Residents having foreign assets/ bank accounts
Not Recommended For
- Non-resident Indians (NRIs) with Indian Income
- Individuals with Income from Trading (Intraday/F&O/ Crypto)
- Individuals without foreign income/assets/bank accounts
How It Works
- Share your foreign income details and documents
- Our expert analyzes DTAA benefits and foreign tax credits
- Preparation of Schedule FA and Form 67
- Review and approve the tax return
- We file your return and help with e-verification
- Get ITR-V after e-filing
- Post-filing support available
Documents Required
- Foreign income statements
- Foreign tax returns
- Foreign tax payment proofs
- Foreign bank statements
- Foreign asset documents
- Foreign property documents
- Foreign investment statements
- DTAA forms and certificates
- Foreign employer documents
- Form 16 (if applicable)
- Form 26AS
- AIS Statement
- Foreign tax residency certificate
- Foreign tax identification number
- Proof of foreign tax paid
Time Estimate
7-10 business days after document submission
Remarks
- This is a customised plan for Resident Indians with Foreign Income or Assets without trading/ business/ profession income. If you have income from business/ trading in India, please go for the all-inclusive Traders plan which includes all these heads.