Why are NRIs receiving income tax notices in India—even when they live abroad? In this episode of Expert Speaks, Dr. Chandrakanth Bhat speaks with CA Sriram V. Rao about common triggers for NRI tax notices, compliance mistakes and how to respond.

The discussion covers NRI income tax return (ITR) filing, incorrect use of ITR-1, residential status, property transactions, TDS, NRE fixed deposits, AIS (Annual Information Statement) and Form 26AS. We also explore foreign asset disclosure, FATCA information sharing, cash transactions, FEMA compliance, KYC updates, NRE/NRO bank accounts and PAN jurisdiction for NRIs and returning NRIs.

Learn how to approach CPC notices, tax scrutiny and faceless assessments, why response deadlines matter, and the importance of maintaining passport copies, bank statements and proof of source of funds. Whether you have received an income tax notice or want to avoid common compliance mistakes, this conversation explains why accurate reporting, timely responses and professional guidance matter.

Have a question about NRI taxation? Share it in the comments and subscribe to NRI Money Clinic for more expert insights.

#NRITaxation #IncomeTaxNotice #nrimoneyclinic

Sriram V. Rao can be reached at the email id – sriram@nitinjshetty.com

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Topic: Global Opportunities to Invest In Dollars for NRI’s and OCI’s
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Services offered by NRI Money Clinic
* Life & Critical Illness Insurance.
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* Tax planning ( investments to minimise tax impact)
* Dollar investment
* Mutual Funds ( NRIs other than in US & Canada)
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Chapters
00:00 Introduction
01:25 Meet CA Sriram V. Rao: NRI Tax Expert
02:32 Types of Income Tax Notices: CPC & Scrutiny
05:03 NRI ITR Filing & Residential Status
05:57 ITR-1 Mistakes NRIs Must Avoid
07:53 Property Purchases, TDS & Source of Funds
09:32 NRE Fixed Deposits: Why Tax Notices Arrive
10:16 Days in India, Passport Records & NRI Status
11:47 Webinar Promotion: Global Opportunities to Invest In Dollars for NRI’s and OCI’s
14:04 Returning NRIs: Bank Accounts & TDS
15:20 Foreign Asset Disclosure, FATCA & AIS
17:06 How NRIs Can Reduce Tax Notice Risks
19:03 KYC, PAN Jurisdiction, FEMA & NRE/NRO Accounts
20:58 Cash Transaction Limits & Tax Compliance
22:45 Checking AIS, Form 26AS & Income Tax Refunds
23:47 Misleading Tax Advice on Social Media
24:30 Received an Income Tax Notice? What to Do
25:50 CPC Notices, Defective ITRs & Rectification
26:35 Tax Investigation Notices & Summons
27:15 Faceless Assessments & Online Responses
28:25 Ignoring Tax Notices: Tax, Interest & Penalties
30:12 Keeping Passport, Bank & Property Records
31:51 Final NRI Tax Compliance Checklist