NRI Taxation Services in Ahmedabad

Table of Content

Introduction to NRI Taxation Services
Documents Required for NRI Taxation Services
Process of NRI Taxation Services
Why Choose H S Lalwani & Co. ?
Google Reviews
Frequently Asked Questions (FAQs)

1. Introduction to NRI Taxation
Services

Navigating the complexities of taxation as a Non-Resident Indian (NRI) can be challenging due to varying regulations and income sources across borders. NRI Taxation services help individuals with foreign residency manage their Indian tax obligations, including income earned in India, asset management, and tax returns.

At H S Lalwani & Co., we provide comprehensive tax solutions tailored to NRIs, ensuring compliance with Indian laws while optimizing tax liabilities. From property tax to income from investments, we handle it all.

2. Documents Required for NRI Taxation Services

General Documents:

Passport (proof of NRI status)
PAN Card
Bank statements (Indian and foreign accounts)
Proof of income (salary slips, investment earnings, etc.)
Details of foreign and Indian assets
Property documents (if applicable)

For Filing Income Tax Returns:

Form 16A for TDS on interest income
Form 26AS (Tax Credit Statement)
Rent agreements or receipts (if applicable)
Capital gain statements for investments or property sale

3. Process of NRI Taxation Services

Consultation:Initial discussion to understand your tax obligations in India based on income sources and residency status.
Document Collection and Analysis:Review of relevant documents to assess tax liabilities and eligibility for exemptions or deductions.
Tax Residency Determination:Establishing your tax residency under the Indian Income Tax Act to identify applicable provisions.
Income Categorization:Classifying income sources (e.g., rental, investments, salary) for proper tax treatment.
Tax Planning and Compliance:Preparing and optimizing tax liabilities while ensuring compliance with Indian laws.
Return Filing:Filing of income tax returns and claiming DTAA benefits if applicable.
Ongoing Support:Advisory on tax savings, investment planning, and responding to queries from tax authorities.

4. Why Choose H S Lalwani & Co.?

Specialized Expertise: Deep understanding of Indian tax laws and NRI-specific provisions.
Comprehensive Solutions:From tax planning to filing, we cover all aspects of NRI taxation.
DTAA Expertise:Maximize tax relief under applicable treaties between India and other countries.
Personalized Service:Tailored solutions based on your unique financial situation.
Proactive Support:Timely updates and guidance on changing regulations impacting NRIs.

What Our Clients Say

Tanwani Bhavesh

★★★★★

CA Hitesh Lalwani is the best chartered accountant in Ahmedabad for GST and direct tax advisory. His knowledge of income tax planning, GST compliance, and business taxation is exceptional. Highly recommended for startups and businesses looking for expert financial guidance

Jagdish Parmar

★★★★★

Mr Hitesh is a very skilled, educated and professional CA who is always responsive and highly knowledgeable. I highly recommend Mr. Hitesh to anyone seeking a trustworthy, skilled, and responsive chartered accountant.

Pankaj Vaishnav

★★★★★

Honest and accurate tax consultation services. I highly recommend Hitesh Bhai and Team for tax consultation.

Frequently Asked Questions (FAQs)

An individual who does not meet the residency criteria under the Indian Income Tax Act is considered an NRI.

Income earned or accrued in India, such as rent, salary, or investment income, is taxable for NRIs.

DTAA helps avoid double taxation on the same income in India and the NRI's country of residence.

Yes, if their total taxable income in India exceeds the basic exemption limit.

NRIs can file an income tax return to claim refunds for excess TDS deducted.

Tax rates for NRIs depend on the income type and the tax slab applicable under Indian tax laws.

Yes, with proper planning, NRIs can invest in India and avail tax exemptions or benefits under specific provisions.

A TRC is a document issued by a foreign country’s tax authority, confirming the individual’s tax residency.

NRIs are eligible for deductions under sections like 80C, 80D, etc., but with certain restrictions.

Professionals ensure accurate compliance, maximize benefits under DTAA, and help avoid penalties.

Our Other Services

Income Tax Return Filing Services

Filing your Income Tax Return (ITR) is not just a legal obligation but also a crucial step in financial planning.

TDS Return Preparation Services

Tax Deducted at Source (TDS) is a key compliance requirement for businesses, professionals, and individuals under the Income Tax Act.

Corporate Tax Services

Corporate taxation is a critical aspect of a company’s financial planning and compliance. Ensuring accurate calculation, timely payments, and adherence to all statutory.

International Tax Services

In today's globalized business environment, cross-border transactions and international tax compliance are critical for businesses operating across multiple jurisdictions.