Many of the individuals have confusion that filing ITR for NRI (Non-Resident Indian) is compulsory or not? Some of them are not aware about the process, documentation of filing ITR for NRI. Through this post we will discuss all the important points related to ITR.
A non-resident, simply speaking is a person who spends most of the year outside India for work, residence, education or any other reasons. The following criteria defines an Individual status as a non-resident in India:
1. If a person has stayed in India for less than 182 days during the financial year, or
2. If a person has stayed in India for less than 60 days in the financial year and less than 365 days in the four preceding financial year.