NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India

NRIs must file an Indian ITR if total taxable Indian income exceeds the basic exemption limit, including rent, NRO interest, dividends, capital gains, and business income.

Filing is mandatory for NRIs who deposit over ₹50 lakh in a savings account or ₹1 crore in a current account in India during a financial year, even with no income.

NRIs can claim refunds of excess TDS by filing an ITR, such as when TDS is deducted at a higher rate than their actual tax liability.

Capital losses from the sale of shares, mutual funds, or property can be carried forward only if the NRI files an ITR for the year the loss occurred.