Income Tax for Forex Exchange of Salary Abroad and ITR Income

POSTED BY suhail.cng ON February 6, 2014 9:59 am COMMENTS (3)

I am working abroad since Sep13-till-now, as en employee, on Jan14 i send around 5000USD to my spouse travelling to india, she deposit the money in my NRO account after forex conversion, my question is should this be added in my income at india (in ITR) because this amount is actually my salary abroad and the forex guy only asked for the passport not the income proof.

Do i need to tell bank and mail them the dollor cash recepit which is from my salary passbook abroad. Now, I am very much confused also I have to fill return because my previous company in india deducted the tax for whole year. What should I do now?

3 replies on this article “Income Tax for Forex Exchange of Salary Abroad and ITR Income”

  1. suhail.cng says:

    I calculated the total days i spent outside india > 200 so my status is NRI.

  2. ashalanshu says:

    Dear Suhail, when did you leave India in Sept 2013 and in between did you return for any short visit or not or planning if any before 31st March 2014?



  3. Paresh Shetiya says:


    Please check your residential status in India for the year 2013-14. Since you have been outside India since Sept 2013 (ie less than 182 days in India during 2013-14), it is most likely that your residential status is “Non resident” for that year. In such a case any income earned outside India will not be taxable in India.

    Transfer of income earned outside India is just an application of your income and not liable to tax in India, if you are a non resident. So you will not have to inform your bank or do anything else.

    To claim the refund of excess tax deducted by your previous company, you will need to file the tax return for 2013-14 showing income earned from previous employer only. No need to include your foreign income or the amount transferred to India in the tax return, except disclosing it therein.


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