Details

At Ronak Gandhi & Associates, we specialize in providing comprehensive compliance and advisory services tailored for Non-Resident Indians (NRIs). Our expert team ensures seamless tax and regulatory adherence, helping NRIs manage their financial and legal obligations in India with ease.

Our Key Services

1. ITR Filing for NRIs

We assist NRIs in filing their Income Tax Returns (ITR) while ensuring compliance with Double Taxation Avoidance Agreements (DTAA). Our services help in claiming applicable exemptions, avoiding double taxation, and optimizing tax liabilities.

2. Repatriation of Funds

NRIs often face challenges when transferring funds from India to their country of residence. We provide expert guidance on FEMA (Foreign Exchange Management Act) and RBI (Reserve Bank of India) regulations, ensuring a smooth and compliant fund repatriation process.

3. Form 15CA/CB Certification

Any foreign remittance from India requires compliance with income tax regulations. We assist in obtaining Form 15CA and Form 15CB certification, ensuring proper tax documentation and approval for smooth fund transfers abroad.

4. Lower/Nil Tax Deduction Certificates

NRIs selling property in India often face TDS (Tax Deducted at Source) at 20-30% on the sale amount. We help NRIs obtain a Lower/Nil Tax Deduction Certificate (LDC) from the Income Tax Department, reducing TDS liability and ensuring optimal tax treatment.

5. Asset Sale/Purchase Advisory

Our team provides strategic tax planning and legal assistance for NRIs buying or selling properties, shares, or other assets in India. We ensure that all capital gains tax, stamp duty, and legal requirements are met, helping NRIs make informed financial decisions.

6. Tax Implications & DTAA Benefits

Understanding tax residency status and its impact on tax liabilities is crucial for NRIs. We offer expert advisory services on:

• Taxability of income in India
• DTAA benefits for reducing tax burden
• Determining Residential Status under Income Tax Act

7. Wealth & Estate Planning

Proper succession planning ensures that an NRI’s assets in India are transferred efficiently. We provide:

• Inheritance tax guidance
• Will drafting & legal documentation
• Estate planning for smooth wealth transition

8. FEMA & RBI Compliance

NRIs must comply with various FEMA and RBI regulations when investing in India. We assist in:

• Foreign asset declaration & compliance
• Investment structuring under FEMA guidelines
• Annual reporting for foreign-held assets

9. Representation Before Tax Authorities

NRIs facing tax assessments, scrutiny, or appeals can rely on our expertise. We handle:

• Income Tax Notices & Litigation Support
• Representation before Tax Authorities & Tribunals
• Resolution of Tax Disputes

For personalized consultation on NRI compliance services, contact Ronak Gandhi & Associates today!