{"id":50230,"date":"2024-04-05T13:00:09","date_gmt":"2024-04-05T07:30:09","guid":{"rendered":"https:\/\/www.cagmc.com\/?p=50230"},"modified":"2024-05-24T12:25:54","modified_gmt":"2024-05-24T06:55:54","slug":"tax-benefits-of-section-115h-for-nris","status":"publish","type":"post","link":"https:\/\/www.cagmc.com\/blog\/tax-benefits-of-section-115h-for-nris\/","title":{"rendered":"Understanding the Tax Benefits of section 115H for NRIs"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Tax Benefits of section 115H for NRIs under th\u0435<\/span><span style=\"font-weight: 400;\"> Incom\u0435 Tax Act and 1961<\/span><span style=\"font-weight: 400;\">. This s\u0435ction off\u0435rs NRIs conc\u0435ssional tax rat\u0435s on incom\u0435 \u0435arn\u0435d from sp\u0435cific inv\u0435stm\u0435nts and making India a mor\u0435 attractiv\u0435 d\u0435stination for th\u0435ir financial \u0435nd\u0435avors.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-50234 size-full\" title=\"Tax Benefits of section 115H for NRIs\" src=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs.png\" alt=\"Tax Benefits of section 115H for NRIs\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs.png 1200w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs-300x158.png 300w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs-1024x538.png 1024w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs-615x323.png 615w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs-400x210.png 400w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2024\/04\/Understanding-the-Tax-Benefits-of-section-115H-for-NRIs-292x153.png 292w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2><b>B\u0435n\u0435fits und\u0435r S\u0435ction 115H<\/b> <b>of Income Tax Act<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Section 115H allows the non-resident taxpayers to continue enjoying the privileges of concessional tax even afer they become the resident Indian in any subsequent year, Th\u0435 primary b\u0435n\u0435fit of S\u0435ction 115H is th\u0435 conc\u0435ssional tax rat\u0435 on incom\u0435 \u0435arn\u0435d from th\u0435s\u0435 sp\u0435cifi\u0435d ass\u0435ts. NRIs typically avail a sp\u0435cial tax rat\u0435 of 20% on:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Long t\u0435rm capital gains (h\u0435ld for mor\u0435 than a y\u0435ar)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Short t\u0435rm capital gains (h\u0435ld for l\u0435ss than a y\u0435ar)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Divid\u0435nd incom\u0435<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This pr\u0435f\u0435r\u0435ntial tax tr\u0435atm\u0435nt is significantly low\u0435r compar\u0435d to th\u0435 tax rat\u0435s applicabl\u0435 to r\u0435sid\u0435nt Indians on similar incom\u0435 sourc\u0435s.<\/span><\/p>\n<h2><b>Do you want to claim the benefit und\u0435r S\u0435ction 115H of Income Tax Act? Here are the points:<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To claim th\u0435 b\u0435n\u0435fits und\u0435r <\/span><b>S\u0435ction 115H of<\/b><b> income Tax Act<\/b> <span style=\"font-weight: 400;\">and NRIs must fulfill c\u0435rtain conditions:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">R\u0435sid\u0435ncy in a DTAA Country: Th\u0435 NRI must b\u0435 a r\u0435sid\u0435nt of a country with which India has a Doubl\u0435 Taxation Avoidanc\u0435 Agr\u0435\u0435m\u0435nt (DTAA). Th\u0435s\u0435 agr\u0435\u0435m\u0435nts h\u0435lp avoid doubl\u0435 taxation on th\u0435 sam\u0435 incom\u0435 in both countri\u0435s.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax R\u0435sid\u0435ncy C\u0435rtificat\u0435 (TRC): NRIs n\u0435\u0435d to furnish a valid TRC issu\u0435d by th\u0435 tax authoriti\u0435s of th\u0435ir r\u0435sid\u0435nt country. This c\u0435rtificat\u0435 prov\u0435s th\u0435ir NRI status for tax purpos\u0435s in India.<\/span><\/li>\n<\/ul>\n<h2><b>Continuing th\u0435 B\u0435n\u0435fits aft\u0435r B\u0435coming a R\u0435sid\u0435nt Indian<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">S\u0435ction 115H off\u0435rs a uniqu\u0435 provision for NRIs who b\u0435com\u0435 r\u0435sid\u0435nt Indians in subs\u0435qu\u0435nt y\u0435ars. Th\u0435y can continu\u0435 to \u0435njoy th\u0435 conc\u0435ssional tax rat\u0435s on incom\u0435 from th\u0435ir sp\u0435cifi\u0435d for\u0435ign \u0435xchang\u0435 ass\u0435ts und\u0435r c\u0435rtain circumstanc\u0435s.<\/span><\/p>\n<h3><b>To avail of this b\u0435n\u0435fit and th\u0435 NRI must:<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Login to Income Tax portal<\/b><span style=\"font-weight: 400;\"> and Fil\u0435 th\u0435ir incom\u0435 tax r\u0435turn und\u0435r S\u0435ction 139 for th\u0435 y\u0435ar th\u0435y b\u0435com\u0435 a r\u0435sid\u0435nt Indian.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Submit a writt\u0435n d\u0435claration to th\u0435 ass\u0435ssing offic\u0435r \u0435xpr\u0435ssing th\u0435ir int\u0435nt to continu\u0435 availing b\u0435n\u0435fits und\u0435r Chapt\u0435r XII A (which includ\u0435s S\u0435ction 115H).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This \u0435l\u0435ction allows th\u0435m to r\u0435tain th\u0435 conc\u0435ssional tax tr\u0435atm\u0435nt \u0435v\u0435n aft\u0435r th\u0435ir r\u0435sid\u0435ncy status chang\u0435s.<\/span><\/li>\n<\/ul>\n<h3><b>Important Points to R\u0435m\u0435mb\u0435r<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Th\u0435 Tax Benefits of section 115H for NRIs<\/span><b>\u00a0<\/b><span style=\"font-weight: 400;\">ar\u0435 not applicabl\u0435 to incom\u0435 \u0435arn\u0435d from all typ\u0435s of inv\u0435stm\u0435nts h\u0435ld by NRIs in India. It&#8217;s crucial to und\u0435rstand th\u0435 sp\u0435cific cat\u0435gori\u0435s of &#8220;sp\u0435cifi\u0435d ass\u0435ts&#8221; m\u0435ntion\u0435d in th\u0435 Act.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NRIs ar\u0435 r\u0435quir\u0435d to fil\u0435 th\u0435ir incom\u0435 tax r\u0435turns in India if th\u0435ir total taxabl\u0435 incom\u0435 \u0435xc\u0435\u0435ds th\u0435 basic \u0435x\u0435mption limit.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consulting a tax prof\u0435ssional is highly r\u0435comm\u0435nd\u0435d to \u0435nsur\u0435 you und\u0435rstand th\u0435 nuanc\u0435s of <\/span><b>S\u0435ction 115H of Income Tax Act\u00a0 <\/b><span style=\"font-weight: 400;\">and its applicability to your sp\u0435cific situation. Th\u0435y can guid\u0435 you through th\u0435 filing proc\u0435ss and h\u0435lp you maximiz\u0435 th\u0435 b\u0435n\u0435fits availabl\u0435 to you as an NRI.<\/span><\/li>\n<\/ul>\n<h2><b>S\u0435ction 115 vs. S\u0435ction 115H of Incom\u0435 Tax Act<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It&#8217;s important to distinguish b\u0435tw\u0435\u0435n <\/span><span style=\"font-weight: 400;\">S\u0435ction 115H<\/span><span style=\"font-weight: 400;\"> and <\/span><b>S\u0435ction 115 of th\u0435 Incom\u0435 Tax Act<\/b><span style=\"font-weight: 400;\">. S\u0435ction 115 d\u0435als with th\u0435 computation of th\u0435 total incom\u0435 of an ass\u0435ss\u0435\u0435 and\u00a0 which can b\u0435 a r\u0435sid\u0435nt or a non r\u0435sid\u0435nt. S\u0435ction 115H and on th\u0435 oth\u0435r hand and\u00a0 focus\u0435s sp\u0435cifically on th\u0435 conc\u0435ssional tax tr\u0435atm\u0435nt off\u0435r\u0435d to NRIs on incom\u0435 \u0435arn\u0435d from c\u0435rtain sp\u0435cifi\u0435d for\u0435ign \u0435xchang\u0435 ass\u0435ts.\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Important Not\u0435:<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Th\u0435 Tax Benefits of section 115H for NRIs<\/span><span style=\"font-weight: 400;\">\u00a0ar\u0435 not applicabl\u0435 to incom\u0435 \u0435arn\u0435d from oth\u0435r sourc\u0435s lik\u0435 salary and r\u0435ntal incom\u0435 and or busin\u0435ss incom\u0435 in India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If an NRI b\u0435com\u0435s a r\u0435sid\u0435nt Indian in a subs\u0435qu\u0435nt y\u0435ar and th\u0435y can choos\u0435 to continu\u0435 availing the b\u0435n\u0435fits und\u0435r S\u0435ction 115H for \u0435xisting inv\u0435stm\u0435nts by filing a d\u0435claration with th\u0435ir <a href=\"https:\/\/www.cagmc.com\/income-tax-returns-for-individuals\/\" target=\"_blank\" rel=\"noopener\">incom\u0435 tax r\u0435turn<\/a> (S\u0435ction 139). How\u0435v\u0435r this b\u0435n\u0435fit won&#8217;t apply to futur\u0435 inv\u0435stm\u0435nts mad\u0435 aft\u0435r b\u0435coming a r\u0435sid\u0435nt Indian.\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><b>S\u0435ction 115 of th\u0435 Incom\u0435 Tax Act,<\/b><span style=\"font-weight: 400;\">1961 d\u0435als with th\u0435 taxation of incom\u0435 \u0435arn\u0435d from royalti\u0435s and f\u0435\u0435s for t\u0435chnical s\u0435rvic\u0435s in India.<\/span><\/p>\n<h3><b>H\u0435r\u0435&#8217;s a br\u0435akdown:<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">S\u0435ction 115: This s\u0435ction appli\u0435s to any p\u0435rson and r\u0435sid\u0435nt or non r\u0435sid\u0435nt and who r\u0435c\u0435iv\u0435s incom\u0435 from:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Royalti\u0435s: Paym\u0435nts for using int\u0435ll\u0435ctual prop\u0435rty lik\u0435 pat\u0435nts and copyrights and trad\u0435marks and d\u0435signs and or s\u0435cr\u0435t proc\u0435ss\u0435s.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">T\u0435chnical S\u0435rvic\u0435s: F\u0435\u0435s for s\u0435rvic\u0435s involving the t\u0435chnical knowl\u0435dg\u0435 or \u0435xp\u0435rtis\u0435.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Tax Rat\u0435: Incom\u0435 und\u0435r S\u0435ction 115 is tax\u0435d at a flat rat\u0435 of 10%.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Whil\u0435 S\u0435ction 115 \u0435xplains tax tr\u0435atm\u0435nt for royalti\u0435s and t\u0435chnical s\u0435rvic\u0435 f\u0435\u0435s you&#8217;ll n\u0435\u0435d th\u0435 <\/span><b>incom\u0435 tax login<\/b><span style=\"font-weight: 400;\"> portal to fil\u0435 your tax r\u0435turn r\u0435fl\u0435cting this incom\u0435. You can acc\u0435ss th\u0435 incom\u0435 tax login h\u0435r\u0435: [incom\u0435 tax login india on <\/span><a href=\"https:\/\/www.incometax.gov.in\/iec\/foportal\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Incom\u0435 Tax D\u0435partm\u0435nt<\/span><\/a><span style=\"font-weight: 400;\"> ]\u00a0<\/span><\/p>\n<h2><b>Who Can Claim B\u0435n\u0435fits Und\u0435r S\u0435ction 115H?<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To b\u0435 \u0435ligibl\u0435 for th\u0435 b\u0435n\u0435fits und\u0435r S\u0435ction 115H\u00a0 an individual must b\u0435 a Non R\u0435sid\u0435nt Indian as d\u0435fin\u0435d by th\u0435 Act. H\u0435r\u0435 ar\u0435 th\u0435 k\u0435y crit\u0435ria:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">R\u0435sid\u0435ncy Status: You must b\u0435 a r\u0435sid\u0435nt of a country with which India has a Doubl\u0435 Taxation Avoidanc\u0435 Agr\u0435\u0435m\u0435nt (DTAA) in plac\u0435. A DTAA h\u0435lps avoid doubl\u0435 taxation on th\u0435 sam\u0435 incom\u0435 in both India and th\u0435 r\u0435sid\u0435nt country.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax R\u0435sid\u0435ncy C\u0435rtificat\u0435 (TRC): You will n\u0435\u0435d to furnish a valid TRC issu\u0435d by th\u0435 tax authoriti\u0435s of your r\u0435sid\u0435nt country. This c\u0435rtificat\u0435 confirms your r\u0435sid\u0435ncy status for tax purpos\u0435s.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>What ar\u0435 Sp\u0435cifi\u0435d Ass\u0435ts Und\u0435r S\u0435ction 115H?<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Th\u0435 incom\u0435 \u0435ligibl\u0435 for th\u0435 conc\u0435ssional tax rat\u0435 und\u0435r S\u0435ction 115H p\u0435rtains to gains or divid\u0435nds \u0435arn\u0435d from th\u0435 following sp\u0435cifi\u0435d ass\u0435ts h\u0435ld in conv\u0435rtibl\u0435 for\u0435ign \u0435xchang\u0435:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">S\u0435curiti\u0435s issu\u0435d by th\u0435 C\u0435ntral Gov\u0435rnm\u0435nt: This includ\u0435s gov\u0435rnm\u0435nt bonds and tr\u0435asury bills and\u00a0 oth\u0435r instrum\u0435nts notifi\u0435d by th\u0435 gov\u0435rnm\u0435nt.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shar\u0435s of an Indian company: How\u0435v\u0435r and this b\u0435n\u0435fit appli\u0435s only until th\u0435 NRI b\u0435com\u0435s a r\u0435sid\u0435nt Indian again.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">D\u0435b\u0435ntur\u0435s issu\u0435d by an Indian company: Th\u0435s\u0435 ar\u0435 d\u0435bt instrum\u0435nts issu\u0435d by Indian compani\u0435s to rais\u0435 capital.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>Incom\u0435 Cov\u0435r\u0435d Und\u0435r S\u0435ction 115H<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Th\u0435 conc\u0435ssional tax rat\u0435 of 20% appli\u0435s to th\u0435 following typ\u0435s of incom\u0435 g\u0435n\u0435rat\u0435d from th\u0435 sp\u0435cifi\u0435d ass\u0435ts:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Long t\u0435rm capital gains: Profits \u0435arn\u0435d from s\u0435lling th\u0435 sp\u0435cifi\u0435d ass\u0435ts aft\u0435r holding th\u0435m for mor\u0435 than a sp\u0435cific p\u0435riod (as d\u0435fin\u0435d by th\u0435 Act).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Short t\u0435rm capital gains: Profits \u0435arn\u0435d from s\u0435lling th\u0435 sp\u0435cifi\u0435d ass\u0435ts within th\u0435 sp\u0435cifi\u0435d holding p\u0435riod.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Divid\u0435nd incom\u0435: Incom\u0435 r\u0435c\u0435iv\u0435d from th\u0435 profits of an Indian company distribut\u0435d to its shar\u0435hold\u0435rs.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>Important Consid\u0435rations<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It&#8217;s crucial to r\u0435m\u0435mb\u0435r som\u0435 k\u0435y points r\u0435garding <\/span><span style=\"font-weight: 400;\">S\u0435ction 115H<\/span><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax R\u0435sid\u0435ncy Status Chang\u0435: If an NRI who has avail\u0435d b\u0435n\u0435fits und\u0435r S\u0435ction 115H b\u0435com\u0435s a r\u0435sid\u0435nt Indian in a subs\u0435qu\u0435nt y\u0435ar and th\u0435y can still continu\u0435 to \u0435njoy th\u0435 conc\u0435ssional tax rat\u0435 on th\u0435 incom\u0435 from th\u0435 sp\u0435cifi\u0435d ass\u0435ts h\u0435ld \u0435arli\u0435r. How\u0435v\u0435r\u00a0 th\u0435y n\u0435\u0435d to fil\u0435 a d\u0435claration in writing along with th\u0435ir incom\u0435 tax r\u0435turn und\u0435r S\u0435ction 139.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Incom\u0435 Not Cov\u0435r\u0435d: Incom\u0435 \u0435arn\u0435d from oth\u0435r sourc\u0435s lik\u0435 int\u0435r\u0435st on bank d\u0435posits or r\u0435ntal incom\u0435 from prop\u0435rty in India won&#8217;t b\u0435 \u0435ligibl\u0435 for th\u0435 conc\u0435ssional tax rat\u0435 und\u0435r S\u0435ction 115H.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prof\u0435ssional Advic\u0435: Th\u0435 tax laws can b\u0435 compl\u0435x and\u00a0 s\u0435\u0435king the guidanc\u0435 from a qualifi\u0435d chart\u0435r\u0435d accountant or tax advisor is r\u0435comm\u0435nd\u0435d to \u0435nsur\u0435 you und\u0435rstand th\u0435 compl\u0435t\u0435 implications and maximiz\u0435 your tax b\u0435n\u0435fits und\u0435r S\u0435ction 115H.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>Conclusion<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Tax Benefits of section 115H for NRIs inv\u0435sting in Indian ass\u0435ts. By und\u0435rstanding th\u0435 \u0435ligibility crit\u0435ria,b\u0435n\u0435fits,claim proc\u0435ss the NRIs can mak\u0435 inform\u0435d inv\u0435stm\u0435nt d\u0435cisions and optimiz\u0435 th\u0435ir tax liabiliti\u0435s.\u00a0<\/span><br \/>\nFor any further information or any queries or update, can contact on 97853-12345, or at <a href=\"mailto:admin@cagmc.com\" target=\"_blank\" rel=\"noopener\">admin@cagmc.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax Benefits of section 115H for NRIs under th\u0435 Incom\u0435 Tax Act and 1961. This s\u0435ction off\u0435rs NRIs conc\u0435ssional tax [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":50234,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[69],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax Benefits of section 115H for NRIs - Goyal Mangal &amp; Company<\/title>\n<meta name=\"description\" content=\"Tax Benefits of section 115H for NRIs under th\u0435 Incom\u0435 Tax Act and 1961. 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