Question ID :
42228
NRI Taxation
An Individual has gone abroad in 2019 and has not visited India during 2020-21 Previous Year. So he should be NRI in 2020-21 Previous Year. He is the Proprietor of A business Firm in India having small income around 200000- and Interest Income around 18000- Investment in Mutual fund is Rs 50000- appx Whether he can opt for Presumptive Taxation in India, File ITR 4 and claim deduction under 80 C and 80 TTA as allowed to Residents
posted by
Mahesh Kumar
on
Feb 26 2022 12:00AM