What do I
need to do?

It is important to keep your Deloitte Calendar up to date. This is utilized by the Deloitte team in India, as well as in other countries where Deloitte assists with your compliance needs.

The calendar should clearly indicate your current location and your daily work location.

You can update the calendar through the GA Portal or the Global Advantage App.

Keeping your Deloitte Calendar up to date ensures we correctly assess your India tax residency position and can determine the taxable portion of your pay that needs to be reported in India. You should continue to use the calendar until 31 March (the end of the financial year) after your assignment ends to ensure all the required information is in one place before your India tax return is completed.

It is important to retain all relevant records for the financial year. These include:

• A copy of the Form 16 you received from current or previous employer for the relevant financial year.
• Investment supporting documentation: life insurance and medical insurance premium, fixed deposit certificates, contribution to PPF, etc.
• Bank certificates: repayment of property loans/interest certificates.
• Bank statements: to see any savings interest earned/any other income.
• Capital gains: statement from the Brokerage house.
• Property letting: municipal taxes receipt, rent received details, rent agreement, if any.
• Donation receipts.
• Overseas: wage statement, tax returns filed overseas, assets and liabilities overseas, tax residency certificate, pay slips etc.

These records are illustrative in nature and additional documents may be required for accurate completion of your India tax return. They will be needed if tax authorities select your tax return for audit/scrutiny.

We will support you with the preparation of your India tax return once we are authorized by your employer.

Following the conclusion of the financial year in March, we will contact you in April or May to request you to complete the ‘About Me’ questionnaire. This online questionnaire is designed to streamline the process of gathering essential information required for the precise preparation of your tax return.

The questionnaire can be accessed via the GA Portal.

The earlier you provide your information, the sooner we can initiate the process of preparing your tax return. Once it’s completed, we’ll promptly notify you, requesting you to review and approve it through the GA Portal.

Submit your India tax return

The tax filing deadline is 31 July following the conclusion of the financial year. It’s very important to remember this date as interest and late submission fees are applicable in the case of a late tax return filing.

E-verification of tax return

The tax return must be verified within 30 days of filing via various modes such as Aadhaar OTP, EVC, Net banking or sending physically signed copy of the ITR-V to CPC.

Tax return liability

The tax liability (if any is required) must be paid prior to the filing of your tax return.