Comprehensive Tax Management & Filing Services in Mumbai – CA Vijay Singh
Comprehensive Tax Management & Filing: Certainty and Compliance, from Anywhere in the World
Indian Tax, Simplified. We Manage Your Compliance End-to-End, So You Can Live Abroad, Worry-Free.
As an NRI, your income earned in India is subject to Indian tax laws. Navigating these obligations from overseas is complex.61 Our service provides a complete solution, ensuring you are fully compliant, tax-efficient, and never have to worry about missing a deadline or making a costly error.
What We Deliver:
- Strategic Tax Planning & Advisory: We conduct a thorough review of your Indian income sources (rental income, capital gains, interest, dividends) to develop a personalized tax plan that legally minimizes your liability.
- DTAA Optimisation: We ensure you receive the full benefits of the Double Taxation Avoidance Agreement between India and your country of residence, preventing your income from being taxed twice by claiming the appropriate foreign tax credits.
- Accurate & Timely ITR Filing: We prepare and file the correct Income Tax Return (ITR-2 or ITR-3) on your behalf, ensuring all Indian-sourced income and foreign assets (as required) are accurately reported well before the filing deadline.
- TDS Management & Refund Claims: We meticulously track all Tax Deducted at Source (TDS) on your income and file for a refund on your behalf whenever the tax deducted exceeds your actual liability, ensuring your money is returned to you promptly.
Selling my ancestral property in India while living in Canada was a nightmare waiting to happen. I was worried about the capital gains tax and the 20% TDS. The team handled everything. They calculated the exact capital gains, applied for a lower TDS certificate which saved me a huge upfront tax payment, and guided me on reinvesting the proceeds under Section 54EC to legally eliminate the tax. It was incredibly smooth.
Every year, filing my Indian taxes was a scramble. I wasn't sure what income was taxable or how to claim DTAA benefits. Now, it's completely hands-off. They proactively collect my documents, ensure I get full credit for taxes paid in the UK, and file my return on time. I no longer dread the July 31st deadline.
Frequently Asked Questions
Yes. If you have income sourced from India whether rent, dividends, or capital gains you are required to file an Indian tax return, even if you’ve already paid tax in your country of residence. Our service ensures complete compliance without you needing to track deadlines or regulations from overseas.
The DTAA allows you to avoid paying tax on the same income twice. We help you claim eligible foreign tax credits and ensure you receive the full treaty benefits, lowering your effective tax liability.
Absolutely. We track every instance of Tax Deducted at Source (TDS), reconcile it with your actual liability, and file refund claims where appropriate so that excess tax deducted is returned to you promptly.
Yes. We assess your income profile (salary, capital gains, business/professional income, etc.) and select the correct return form (ITR-2 or ITR-3). This prevents filing errors and avoids notices from the tax department.
We can help you file belated or revised returns and work to minimize penalties or interest. It’s always better to come into compliance sooner rather than later.
NRI Income Tax & Compliance
Indian income tax filing, TDS reconciliation, DTAA application, and capital gains compliance for NRIs – structured for the dual-jurisdiction reality of earning and holding assets in India while resident abroad.
By CA Vijay R Singh, FCA
ICAI Membership No. 153926 | FRN 136869W | Practising since 2013
Quick Summary
NRIs face a structurally different Indian tax position from residents. Income earned and assets held in India remain in the Indian tax net, but most of the operational compliance is harder to manage from abroad. This service is the end-to-end Indian tax workstream for NRIs, run on India time, with client review via WhatsApp video and email so the time-zone gap does not slow filings down.
Strategic Fit: Is this right for you?
Working Abroad
NRIs with Indian rental, interest, dividend, or capital gains income.
Indian Shareholders
NRIs holding shares in Indian companies (listed or unlisted).
NRO/NRE/FCNR Holders
NRIs holding Indian bank accounts needing TDS reconciliation.
Property Sale
NRIs selling Indian property and managing TDS, capital gains, repatriation.
ESOP Holders
NRIs with ESOPs from Indian-headquartered or Indian-subsidiary employers.
FTC Coordination
NRIs with foreign tax credit claims to coordinate between jurisdictions.
Final Deliverables Checklist
Everything you receive at the end of the engagement.
- Residency memo (annual NR / RNOR/ROR confirmation with day-count)
- Annual ITR (ITR-2 or ITR-3) filed and acknowledged
- TDS reconciliation report (26AS, AIS, TIS matching)
- DTAA application memo (rate determination with treaty article references)
- FTC computation under Rule 128 (where claimed)
- Lower deduction certificate (Sec 197) where filed
- Notice handling - Sec 143(1), 143(2), demand notices
- Annual compliance pack archived
UNDERSTANDING THE THREE RESIDENCY BUCKETS
Non-Resident (NR)
Sec 6(1) day-count: <182 days. Indian-source income only is taxable. Most NRIs employed abroad full FY.
RNOR (Sec 6(6))
Resident but Not Ordinarily Resident. Indian-source + foreign business income controlled from India. Typically 2-3 years after returning.
ROR
Resident and Ordinarily Resident. Worldwide income taxable. Schedule FA disclosure mandatory.
The Engagement Lifecycle
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Transparent Pricing Structure
Statutory & Third-Party Costs – pass-through, NOT our fees
These are paid directly to government departments, certifying authorities, and banks. They are not VRS professional fees.
- ITR-2/ITR-3 filing: nil government fee (only late fees if applicable)
- Sec 197 lower deduction certificate: nil government fee
- Form 10F + TRC obtained from foreign jurisdiction - foreign fees
- Refund follow-up correspondence: nil
- AIS/TIS/26AS portal access: nil (free at income tax portal)
Engagement & Fees
We handle your NRI income-tax position end-to-end — residential-status review, income computation across heads, DTAA relief, TDS reconciliation, and ITR filing — accurate and on time, mapped to your facts during an initial scoping call.
Fees are confirmed per engagement after the scoping call, based on the scope and complexity involved. You receive a clear, written quote before any work begins — no hidden charges.
Quoted per Engagement
The final quote depends on the scope, volume, and statutory complexity of your specific engagement.
Frequently Asked Questions
I am working abroad. Do I need to file an Indian ITR?
If you have any Indian-source income above the basic exemption limit (or TDS deducted that you want to recover), yes.
My NRO TDS is 30%. The DTAA says lower. How do I get the lower rate?
Submit Form 10F + Tax Residency Certificate (TRC) from your resident country. With those, the bank applies the lower DTAA rate.
I have salary income in the USA. Do I need to declare in India?
If you are NR under Sec 6, USA salary is not taxable in India. If RNOR, not taxable unless work is controlled from India. If ROR, taxable with FTC.
What is Form 15CA/15CB and when do I need it?
Form 15CA filed by remitter for cross-border payments to NRs. Form 15CB is CA certificate confirming tax deduction and treaty applicability. We sign with UDIN.
I bought shares in an Indian listed company. How is gain taxed?
STCG (<12 months held): 20% (post FA 2024). LTCG (>=12 months): 12.5% on gains above Rs 1.25 lakh/year. STT must have been paid for LTCG rate.
I missed filing for 3 years. Can I catch up?
Updated returns under Sec 139(8A) available for up to 24 months from end of relevant AY, with additional tax. Beyond that, condonation under Sec 119(2)(b).