Adani Enterp. 2445.05↓-47.10(-1.89%)
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Asian Paints 3237.25↓-3.45(-0.11%)
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Coal India 230.90↑0.55(0.24%)
Divi's Lab. 3511.60↓-13.80(-0.39%)
Dr Reddy's Labs 4610.45↑58.40(1.28%)
Eicher Motors 3699.40↓-16.65(-0.45%)
Grasim Inds 1710.55↑8.10(0.48%)
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HCL Technologies 1137.05↓-4.85(-0.42%)
HDFC Bank 1606.50↑2.50(0.16%)
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IndusInd Bank 1288.20↓-1.95(-0.15%)
Infosys 1299.00↓-20.50(-1.55%)
ITC 443.40↑3.70(0.84%)
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Maruti Suzuki 9485.35↑157.05(1.68%)
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NTPC 174.55↑0.15(0.09%)
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SBI Life Insuran 1202.50↓-5.25(-0.43%)
St Bk of India 587.20↑4.45(0.76%)
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Tata Motors 535.90↑0.70(0.13%)
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UPL 683.35↑5.40(0.80%)
Wipro 404.95↓-2.20(-0.54%)

NRIs should apply to I-T dept for relief from double taxation: Experts

If they have lost non-resident status because of enforced stay in India, this can bring them some reprieve

Bindisha Sarang Mumbai

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Photo: Shutterstock

3 min read Last Updated : Aug 25 2021 | 6:02 AM IST

With the September 30 deadline for filing income tax returns for 2020-21 (assessment year 2021-22) fast approaching, non-resident Indians (NRIs) who were forced to overstay in India because of the pandemic are worried about whether they should file their tax return as ‘resident’ or ‘non-resident’.

How is residential status determined?

According to Kapil Rana, founder and chairman of HostBooks: “The taxability of a person’s income depends on his residential status in the country.” That in turn depends on the number of days spent in India in the relevant financial year. A person’s residential status is tested every financial year.