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NRI Income-Tax Return · AY 2026-27

NRI ITR Filing —
ITR-2, Not ITR-1

Which ITR form an NRI must use, what Indian income is taxable, how NRO, NRE and capital gains are treated, the 31 July 2026 deadline and how to file and e-verify from abroad.

Updated for AY 2026-27 CA Reviewed NRI & RNOR Guide
ITR-2Usual NRI form
31 Jul2026 deadline
Rs 2.5LFiling threshold
30%NRO interest TDS
Quick Answer

An NRI must file an Indian ITR if total Indian-sourced income exceeds Rs 2.5 lakh in the financial year (before deductions). NRIs cannot use ITR-1 Sahaj — they file ITR-2 (salary, house property, capital gains, other sources) or ITR-3 if they also have Indian business or professional income. For AY 2026-27 the due date is 31 July 2026 (non-audit). Indian income — salary for services in India, rent, capital gains on Indian assets and NRO interest — is taxable; NRE and FCNR interest is exempt.

Which form ITR-2 / ITR-3
Not allowed ITR-1 Sahaj
Due date 31 Jul 2026
Threshold Rs 2.5L
ITR-1 Sahaj is barred for non-residents

ITR-1 (Sahaj) is only for a resident individual with income up to Rs 50 lakh. A non-resident cannot file ITR-1 even if income is small and only from salary or interest — filing the wrong form makes the return defective u/s 139(9). Almost every NRI uses ITR-2.

Pick the right form

Which ITR Form Should an NRI File?

The form depends only on the type of your Indian income, not on where you live. This is the AY 2026-27 mapping on the income-tax portal.

ITR FormWho it is forNRI use
ITR-1 SahajResident, income up to Rs 50L (salary / 1 house / other sources)Not for NRIs
ITR-2Salary, more than one house, capital gains, foreign income/assets — no businessUsual NRI form
ITR-3Income from business or profession (incl. partner in an Indian firm)If business income
ITR-4 SugamResident presumptive 44AD/44ADA/44AENot for NRIs
ITR-5 / 6 / 7Firms/LLP, companies, trustsEntities only

ITR-1 and ITR-4 are for residents only; a non-resident with presumptive income files ITR-3. Verify eligibility on incometax.gov.in before filing.

ITR-2

File ITR-2 if you have

  • Salary / pension accrued in India
  • Rent from Indian house property
  • Capital gains on shares, mutual funds or property
  • NRO interest & other sources
  • Foreign assets to report (Schedule FA if applicable)
vs
ITR-3

File ITR-3 if you also have

  • Income from an Indian business or profession
  • Share of profit as a partner in an Indian firm
  • Presumptive income you wish to declare
  • Everything ITR-2 covers, plus the business schedules

Not sure whether you are ITR-2 or ITR-3? Get your form confirmed before you file.

Ask a TaxClue Expert →
Residential status

What Income Is Taxable for an NRI in India?

An NRI is taxed only on income that accrues, arises or is received in India. Foreign income is outside the Indian net. The RNOR (Resident but Not Ordinarily Resident) transitional status also keeps most foreign income exempt.

StatusRough test (days in India)Indian incomeForeign income
Resident & Ordinarily Resident≥182 days in FY (or 60+365 rule)TaxableTaxable
Resident but Not Ordinarily ResidentRecently returned; met RNOR conditionsTaxableExempt*
Non-Resident (NRI)Less than 182 days (subject to the 120/60-day rule)TaxableExempt

* RNOR foreign income is exempt except where it is from a business controlled or a profession set up in India.

Bank interest & gains

NRO vs NRE, and Capital Gains

Income sourceTaxable?Rate / TDS
Salary for services rendered in IndiaYesSlab rates; TDS by employer (Form 16)
Rent from Indian propertyYesSlab rates after 30% std. deduction; tenant deducts TDS
NRO account interestYes30% TDS — DTAA may reduce
NRE account interestNoExempt u/s 10(4)(ii) while you are an NRI
FCNR deposit interestNoExempt u/s 10(15)(iv)(fa)
LTCG on Indian property (held > 24 months)Yes12.5% without indexation (post 23 Jul 2024)
STCG on listed shares (STT paid)Yes20% u/s 111A

On sale of Indian property the buyer deducts TDS on the sale value; an NRI can apply for a lower/nil TDS certificate. See our property-TDS guide below.

Use the DTAA to avoid double tax

India has Double Taxation Avoidance Agreements with most countries. By furnishing a Tax Residency Certificate (TRC) and Form 10F, an NRI can claim a lower treaty rate on NRO interest and can set off Indian tax against tax payable in the country of residence — so the same income is not taxed twice.

Sold Indian property or have high NRO TDS? We reconcile it and claim your refund.

Get NRI Tax Help →
AY 2026-27

Due Dates, Belated Returns & Late Fee

File on time to keep the option of the regime you want and to avoid interest under Section 234A/B/C. Key dates for the AY 2026-27 return (FY 2025-26):

Return / eventDeadline (AY 2026-27)Note
Original ITR-2 (non-audit)31 July 2026Most NRIs
ITR-3 with business income (non-audit)31 August 2026As extended on the portal
Audit cases31 October 2026Accounts subject to tax audit
Transfer-pricing cases30 November 2026With Form 3CEB
Belated / revised return u/s 139(4)/(5)31 December 2026Late fee & interest apply
Updated return ITR-U u/s 139(8A)Within 48 months of AY endBudget 2025 extended 24 → 48 months

Missing 31 July only bars a few benefits; you can still file a belated return till 31 December 2026 with a late fee.

234F late fee — income above Rs 5L

Filed after due dateBelated
Total income> Rs 5,00,000
Late feeRs 5,000

234F late fee — income up to Rs 5L

Filed after due dateBelated
Total income≤ Rs 5,00,000
Late feeRs 1,000
E-verify within 30 days or the return is invalid

Filing is only half the job — an unverified return is treated as not filed. NRIs must e-verify within 30 days using Aadhaar OTP (if PAN–Aadhaar linked), net banking or EVC, or post a signed ITR-V to CPC Bengaluru. Aadhaar OTP is often unavailable to NRIs, so net-banking EVC is the reliable route.

Step by step

How an NRI Files ITR from Abroad

Confirm statusCount days in India — NRI / RNOR
Pull 26AS & AISMatch TDS credits & income
Compute & paySelf-assessment tax, DTAA relief
File ITR-2/3Online at incometax.gov.in
E-verifyAadhaar OTP / net-banking within 30 days
  • PAN card (and PAN–Aadhaar link status)
  • Passport pages / travel dates for day-count
  • Form 16 for Indian salary
  • Form 16A / 26AS & AIS-TIS for TDS credits
  • NRO / NRE / FCNR interest certificates
  • Capital-gains statements (broker, property sale deed)
  • TDS certificate on property sale (Form 16B)
  • Tax Residency Certificate & Form 10F (for DTAA)
  • Indian bank account for the refund
  • Foreign-asset details (Schedule FA, if reportable)

You should file even without a refund if

  • Indian income crosses Rs 2.5 lakh
  • You sold Indian property or shares
  • You want to carry forward a capital loss
  • You need a clean record for a visa or loan

Filing is optional if

  • Total Indian income is below Rs 2.5 lakh
  • Only NRE/FCNR interest, which is exempt
  • No TDS was deducted and no refund is due

Want us to handle day-count, DTAA and the whole return end-to-end?

Get NRI ITR Filing Help →
Government sourcesITR forms & eligibility: incometax.gov.in · Due dates & 234F late fee: Income-tax Act, Sections 139 & 234F · ITR-U window 48 months: Section 139(8A), Budget 2025 · NRE/FCNR exemption: Section 10(4)/10(15); NRO TDS: Section 195
People also ask

NRI ITR Filing — Frequently Asked Questions

Which form & who files
Which ITR form should an NRI file for AY 2026-27?
Most NRIs file ITR-2 — it covers salary, house property, capital gains, other sources and foreign assets, but not business income. If you also have Indian business or professional income, or are a partner in an Indian firm, file ITR-3 instead. NRIs cannot use ITR-1 Sahaj or ITR-4 Sugam, which are restricted to residents.
Can an NRI file ITR-1 Sahaj?
No. ITR-1 Sahaj is only for a resident individual with total income up to Rs 50 lakh. A non-resident cannot use it, even if the income is small and only from salary or interest. Filing ITR-1 as an NRI makes the return defective under Section 139(9). Use ITR-2.
Is an NRI required to file an ITR in India?
Yes, if total Indian-sourced income (before deductions) exceeds Rs 2.5 lakh in the financial year. This includes salary for services in India, rent, capital gains on Indian assets and NRO interest. Even below the threshold, filing is advisable if TDS was deducted and a refund is due, or if you want to carry forward a loss.
Does an NRI need to report foreign bank accounts and assets?
Non-residents generally do not have to fill Schedule FA (Foreign Assets), which applies to residents. However, if you were a resident for part of the year or your status is RNOR/ROR, reporting obligations can change. Confirm your residential status first, as it drives both the form and the disclosures.
Deadlines & late fee
What is the last date for NRI ITR filing for AY 2026-27?
31 July 2026 for ITR-2 in non-audit cases, which covers most NRIs. ITR-3 with business income (non-audit) is due 31 August 2026 as extended on the portal, audit cases 31 October 2026 and transfer-pricing cases 30 November 2026. A belated or revised return can be filed up to 31 December 2026.
What is the late fee if an NRI files after the deadline?
Under Section 234F the late fee is Rs 5,000, reduced to Rs 1,000 if total income does not exceed Rs 5,00,000. Interest under Section 234A at 1% per month also applies on any unpaid tax, plus 234B/234C where advance tax was short. A belated return is still accepted till 31 December 2026.
Can an NRI file an updated return (ITR-U) if a year was missed?
Yes. Under Section 139(8A) an updated return (ITR-U) can be filed within 48 months from the end of the relevant assessment year — Budget 2025 extended the earlier 24-month window to 48 months. Additional tax of 25% to 70% applies depending on how late it is filed, and ITR-U cannot be used to claim a refund or increase a loss.
Do I have to e-verify, and how, from abroad?
Yes — an unverified return is treated as not filed. You must e-verify within 30 days of filing. Options are Aadhaar OTP (only if PAN is linked to Aadhaar), net-banking EVC, EVC through a pre-validated bank or demat account, or posting a signed ITR-V to CPC Bengaluru. NRIs without an Indian Aadhaar usually use net-banking EVC.
NRO, NRE & interest
How is NRO account interest taxed?
NRO interest is fully taxable in India. The bank deducts TDS at 30% plus surcharge and cess. A DTAA between India and your country of residence can reduce this rate — often to 10–15% — if you furnish a Tax Residency Certificate and Form 10F. Excess TDS is refunded when you file your ITR.
Is NRE and FCNR interest exempt for NRIs?
Yes. Interest on an NRE (Non-Resident External) account is exempt under Section 10(4)(ii) and FCNR deposit interest is exempt under Section 10(15), as long as you hold NRI status. Because it is exempt, no TDS is deducted. If your status changes to resident, NRE interest becomes taxable from that point.
What is the DTAA and how does it help an NRI?
The Double Taxation Avoidance Agreement is a treaty that stops the same income being taxed twice — once in India and once in your country of residence. It can lower the Indian tax rate on NRO interest, dividends and royalties, and lets you claim credit for Indian tax against your home-country liability. You claim it with a TRC and Form 10F.
Property & capital gains
How are capital gains on Indian property taxed for an NRI?
Long-term gains on property held more than 24 months are taxed at 12.5% without indexation (for transfers on or after 23 July 2024); short-term gains are taxed at slab rates. The buyer deducts TDS on the sale value — not just the gain — so NRIs often have excess TDS. You can reinvest under Section 54 or 54EC to claim exemption and reduce TDS with a lower-deduction certificate.
Why is so much TDS deducted when an NRI sells property?
For an NRI seller the buyer must deduct TDS under Section 195 on the entire sale consideration — 12.5% (plus surcharge and cess) for long-term and slab/30% for short-term — not just on the profit. This usually over-deducts. You either apply to the department for a lower/nil TDS certificate before the sale, or claim the excess back as a refund by filing your ITR.
Deductions & filing
Which deductions can an NRI claim?
NRIs can claim many Section 80C investments (LIC, ELSS, tuition fees, principal on an Indian home loan), Section 24(b) home-loan interest, Section 80D health insurance and Section 80TTA savings-interest relief, under the old regime. Some deductions such as 80TTB (senior citizens) and certain investments are not available to non-residents. The new regime disallows most deductions but offers lower slabs.
Do NRIs get the Section 87A rebate and the basic exemption?
NRIs get the basic exemption limit (Rs 2.5 lakh in the old regime / Rs 4 lakh in the new regime for FY 2025-26) but the way special-rate incomes like LTCG are treated differs — the basic exemption generally cannot be used to shelter certain capital gains for a non-resident. The 87A rebate is available to resident individuals only, so most NRIs cannot claim it. Compute carefully or get it reviewed.
Can a tax professional in India file the ITR for an NRI?
Yes. An NRI can authorise a chartered accountant or tax filer in India to prepare and file the return, and can e-verify remotely using net-banking EVC or Aadhaar OTP. TaxClue files NRI returns end-to-end — confirming residential status, reconciling 26AS/AIS, applying DTAA relief and claiming refunds — entirely online.
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