If you are a US citizen, corporate executive, or tech consultant currently living, working, or earning income in India, this guide is for American expats who realize that managing foreign tax compliance is a high-stakes balancing act. It is incredibly stressful to decipher Indian tax forms while worrying if your local salary, allowances, stock options (RSUs), or global investment portfolios will get double-taxed by both the Indian Income Tax Department and the IRS. Whether you are navigating your very first Indian tax year, trying to correctly claim your Resident but Not Ordinarily Resident (RNOR) tax-exempt status, or chasing down a substantial Tax Deducted at Source (TDS) refund, you cannot afford filing errors. If you want to file an accurate, fully optimized Indian tax return without the administrative headache, this guide is for you.
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| Income Slab (₹) | Tax Rate |
| Up to ₹400,000 | Nil |
| ₹400,001 – ₹800,000 | 5% |
| ₹800,001 – ₹1,200,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹2,000,001 – ₹2,400,000 | 25% |
| Above ₹2,400,000 | 30% |
| Deadline | What It Covers | FY 2025–26 Date: |
| Standard ITR filing deadline | All individual taxpayers, including expats and NRIs | 31 July 2026 |
| Business/profession with a tax audit required | Individuals with business income requiring an audit | 31 October 2026 |
| Belated return (late filing) | Return filed after the due date late fee applies | 31 December 2026 |
| Revised return | Correcting errors in an already-filed return | 31 December 2026 |
| Form 67 (Foreign Tax Credit claim) | Must be filed BEFORE the ITR not after | Before ITR submission |
| Mistake | Why It Happens | What It Costs |
| Filing as a resident when RNOR status applies | No one calculated the day count; the employer defaults to the resident. | Full worldwide income brought into India's tax net, potentially lakhs in unnecessary tax |
| The employer deducts TDS on the US salary component | The payroll team does not apply RNOR rules correctly | Excess TDS withheld for months; delayed refund or no refund if ITR not filed |
| Form 67 filed after the ITR | Not knowing the sequence, doing it in the "logical" order | Entire Foreign Tax Credit claim rejected full double taxation on that income |
| Using ITR-1 instead of ITR-2 | Copying a template meant for resident Indians | Invalid return; treated as not filed; penalties for non-filing |
| Not disclosing foreign assets in Schedule FA | Not knowing that it is required for ROR individuals | ₹10 lakh penalty per year of non-disclosure under the Black Money Act |
| Missing the July 31 deadline | Leaving it to the last minute: document delays | Late filing fee of ₹5,000; loss of ability to carry forward losses |
| Service | What We Do |
| Residential status determination | Day count calculation; formal NR / RNOR / ROR opinion for the year |
| Form 26AS and AIS reconciliation | Full reconciliation of reported income and TDS against your actual income |
| DTAA benefit structuring | Identifying applicable treaty articles; confirming exemptions and credits |
| Form 67 filing | Filing a foreign tax credit claim before ITR submission—in the correct sequence |
| ITR-2 preparation and filing | All schedules FSI, TR, FA, and capital gains are completed and filed electronically |
| TDS refund tracking | Monitoring portal and alerting you when the refund is processed |
| E-verification support | Guiding you through net banking or DSC verification |
| Response to deficiency notices | If the IT department raises a query on your return, we handle the response |
| Coordination with your US CPA | Providing Indian filing documentation for your US Form 1040 Form 67, ITR acknowledgement, and tax paid proof |