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Where Taxpayers and Advisers Meet

Do NRIs need to disclose directorship while IT filing?

jagan
Posts:1
Joined:Wed Jun 19, 2024 2:25 pm
Do NRIs need to disclose directorship while IT filing?

Postby jagan » Wed Jun 19, 2024 2:31 pm

I am a Indian and living in the UK on work visa. I am filing tax returns first time in India to declare my NRO account savings.
I came across a question about 'Are you director for any companies' . I am company director for a UK company and it's UK based business company and no funding/investments from India.
My question is : Do I need to disclose this information in India tax filing?
Please can you advise me,
Many thanks

AGoodman
Posts:1793
Joined:Fri May 16, 2014 3:47 pm

Re: Do NRIs need to disclose directorship while IT filing?

Postby AGoodman » Thu Jun 20, 2024 2:15 pm

I doubt you are going to find any Indian advisers on this forum, which is almost only UK (with a sprinkling of US advisers of note).

bd6759
Posts:4324
Joined:Sat Feb 01, 2014 3:26 pm

Re: Do NRIs need to disclose directorship while IT filing?

Postby bd6759 » Thu Jun 20, 2024 4:49 pm

I know little about Indian tax, but I do know a little about forms.

If a question asks “Are you a director?”, and I am indeed a director, then the question should be answered in the affirmative.


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