NRI Playbook

Your Indian income tax return, filed from the US

An Indian income tax return (ITR) for your rent, interest, and capital gains in India, prepared by a chartered accountant.

If you have income in India above the basic exemption limit, or tax was deducted at source and you want a refund, you need to file an Indian return even while you live in the US.

Banks deduct tax on NRO interest at a high flat rate. Filing a return is how you claim back anything deducted above what you owe.

What this covers

  • The Indian return for your rent, NRO interest, dividends, and capital gains.
  • Refunds of excess tax deducted at source (TDS).
  • Capital gains on property, shares, and mutual funds.
  • A summary of Indian tax paid, for the foreign tax credit on your US return.

How it works

Email us what you need and a rough picture of your income and accounts. We reply with a quote and a list of documents. Nothing is filed until you have reviewed and approved it.

Check your status with the RNOR calculator →

Common questions

Yes, if you have income in India above the basic exemption limit, or if tax was deducted at source and you want a refund.

Banks deduct tax on NRO interest at a high flat rate. Filing a return is how you claim back anything deducted above what you owe.

Returns and forms are prepared with licensed tax professionals: a CPA or enrolled agent in the US, or a chartered accountant in India. This page is general information, not tax advice for your situation.