# India Tax Desk for NRIs in Australia

> Australian tax residents are taxed on worldwide income, so Indian rent, interest and capital gains are declared on the Australian return (tax year 1 July–30 June) with a foreign income tax offset for Indian tax. Because the Indian year runs April–March, income and tax must be split across years. In India, an NRI is taxed only on Indian income.

Practice: Country Tax Desks for NRIs — https://www.industax.com/services/country-tax/

Year mismatches are the main source of errors: Indian Form 16A and AIS figures need to be re-cut into Australian years.

We file the Indian return and prepare an Australian-year summary of Indian income and taxes.

## Key facts

| Item | Detail |
| --- | --- |
| Australian tax year | 1 July – 30 June |
| Relief | Foreign income tax offset |
| India | NRI taxed on Indian income only |
| Common issue | Year mismatch in reporting |

## Who needs this

- Indians working or studying in Australia
- Australian residents with Indian property
- NRIs selling assets in India

## What's included

- Indian ITR
- Australian-year income summary
- Property and TDS support

## Documents

- AIS/26AS
- Indian account statements
- Property documents

## Process

1. **Map** — Income by both tax years.
2. **File** — Indian ITR.
3. **Support** — Australian offset figures.

## FAQs

### Is Indian rental income taxable in Australia?

Yes, for Australian tax residents, with an offset for Indian tax paid on it.

### How do I convert Indian income for Australian returns?

Using exchange rates accepted by the ATO — either the rate on the date of the transaction or an average rate where permitted.

### Do I still need to file in India?

If your Indian income exceeds the basic exemption limit, you have capital gains, or you want a refund of excess TDS, yes.

## Official sources

- Australian Taxation Office: https://www.ato.gov.au/
- Income Tax Department — DTAAs: https://www.incometaxindia.gov.in/

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Canonical page: https://www.industax.com/services/country-tax/nri-tax-australia
Publisher: Indus Tax — CA-led tax and compliance firm (https://www.industax.com). Contact: info@industax.com, 9059139258.
This is general information, not advice for your specific facts.