How to File NRI Taxes with Multiple Income Sources (Salary + Rent + Capital Gains)

A product manager in London emailed us last month. She'd been putting off her India tax return for weeks.

"We're helping hundreds of NRIs at Belong, and I keep seeing variations of this same situation. Three income sources, three different TDS rates, confusion about which deductions apply where.

Let me walk you through exactly how we'd handle this."

She had three distinct income streams from India:

Salary from her previous employer in Mumbai (worked till August before moving to London). Rental income from her Pune flat (₹60,000/month).

Mutual fund redemptions she'd made in February (₹8 lakh with ₹2.4 lakh capital gains).

Her confusion was completely understandable. Each income type had different tax treatment, different TDS rates, different documentation.

Her previous CA had filed simple returns (just salary or just rent). This was her first year juggling multiple sources.

"Do I need separate ITR forms for each income type?

How do I know if the TDS amounts are correct? Should I use old regime for salary but new regime for capital gains? I'm completely lost."

We see this constantly in our NRI community at Belong.

Your financial life isn't simple anymore. You worked in India for part of the year, then moved abroad.

You still own property generating rent. You're optimizing your India portfolio, selling underperforming funds. Each transaction creates a tax implication.

You search online for "how to file NRI taxes." Every article explains one income type in isolation. Nobody shows you how to consolidate everything into one coherent return.

Here's what we've learned helping thousands of NRIs navigate complex tax situations at Belong: multiple income sources don't require multiple returns.

Everything consolidates into one ITR-2. But the sequencing matters. The regime choice matters. The deduction allocation matters.

This guide walks through exactly how to file when you have salary, rental income, and capital gains.

We'll cover income consolidation, TDS reconciliation, regime optimization, and how our team handles multi-source complexity seamlessly.

Understanding your income categories

Before we consolidate, let's map what you actually have.

The five income heads in ITR

Every rupee you earn fits into one of five categories:

Salary: Employment income from Indian employer. Pension from Indian source. Severance or gratuity (if taxable).

House Property: Rental income from property you own. Deemed rental (if property is vacant but could be rented).

Capital Gains: Profit from selling property, stocks, mutual funds, gold. Both long-term and short-term.

Business/Professional Income: Consultancy fees, freelancing income. Partnership profits. Only if you have business activity (most NRIs don't).

Other Sources: Bank interest (NRE, NRO, FCNR). Dividend from stocks and mutual funds. Any income that doesn't fit above categories.

Your typical multi-source scenario probably involves three: Salary (if you worked in India during the year). House Property (if you own rental property). Capital Gains or Other Sources (investments, bank interest).

Why categorization matters

Each income head has different tax treatment:

Salary: Standard deduction available (₹50,000 currently). Full slab rate taxation. No special calculations.

House Property: Municipal tax deductible. 30% standard deduction mandatory. Home loan interest deductible (up to ₹2 lakh in old regime).

Capital Gains: Separate tax rates based on asset type and holding period. LTCG on equity: 12.5% (above ₹1.25 lakh exemption). LTCG on property: 20% with indexation. STCG on equity: 20%. Not added to regular slab calculation (separate computation).

Bank Interest/Dividend: Taxed at slab rate. Added to total income.

Understanding these distinctions helps you see why one ITR can handle everything.

Each section has its own calculation, then everything consolidates for final tax.

Real scenario breakdown

Your India income for FY 2025-26:

Salary from Mumbai employer (April-September): ₹9 lakh. Rental income (full year): ₹7.2 lakh. LTCG from mutual fund redemption: ₹4.5 lakh. NRO FD interest: ₹1.8 lakh. Dividend from stocks: ₹95,000.

How this maps:

Salary: ₹9 lakh (head 1). House Property: ₹7.2 lakh gross (head 2). Capital Gains: ₹4.5 lakh LTCG (separate computation). Other Sources: ₹1.8 lakh + ₹95,000 = ₹2.75 lakh (head 5).

All go into one ITR-2. Different sections, one return.

Step 1: Consolidate your income correctly

Let's build your complete income picture.

Gather all income documents first

Don't start filing till you have everything:

For salary: Form 16 from employer (TDS certificate). Last salary slip (if you left mid-year). Investment proofs for Section 80C, 80D (if claiming in old regime).

For rental income: Rental agreement showing monthly rent. Bank statements showing rent credits to NRO account. Form 16C from tenant (if rent >₹50,000/month, TDS certificate). Municipal tax payment receipt.

For capital gains: Capital gains statement from broker/AMC. Contract notes (buy and sell). For property: Sale deed, purchase deed, improvement receipts.

For interest and dividend: Bank interest certificates (download from net banking). Dividend statements from companies or demat account.

The universal document: Form 26AS showing all TDS deducted against your PAN.

👉 Tip: Download Form 26AS before starting. It's your single source of truth for all TDS. Cross-check every certificate against it. If something is in Form 26AS but you don't have a certificate, the TDS was still deducted (report it). If you have a certificate but it's not in Form 26AS, the deductor didn't deposit (follow up immediately).

Calculate each income type separately

Salary calculation:

Gross salary: ₹9 lakh. Less standard deduction: ₹50,000 (or current year amount). Less Section 80C, 80D (if old regime): Based on actual investments. Taxable salary: Net amount.

House property calculation:

Gross rent: ₹7.2 lakh. Less municipal tax paid: ₹18,000 (if you paid). Net: ₹7.02 lakh. Less 30% standard deduction: ₹2.11 lakh. Less home loan interest (Section 24b, if applicable): Up to ₹2 lakh in old regime. Taxable house property income: Final amount.

Capital gains calculation:

For equity mutual funds (held >12 months): LTCG: ₹4.5 lakh. Less exemption: ₹1.25 lakh. Taxable LTCG: ₹3.25 lakh. Tax: 12.5% = ₹40,625.

For property (held >24 months): Calculate indexed cost using Cost Inflation Index. LTCG = Sale price minus indexed cost minus expenses. Tax: 20% on LTCG.

This is calculated separately, not added to regular income.

Other sources:

NRO interest: ₹1.8 lakh. Dividend: ₹95,000. Total: ₹2.75 lakh. Taxed at slab rate (added to regular income).

Create your income summary

Before filing ITR, create this summary:

Regular income total: ₹7.5 lakh + ₹3.5 lakh + ₹2.75 lakh = ₹13.75 lakh (taxed at slab).

Capital gains: ₹3.25 lakh (taxed separately at 12.5%).

This clarity helps when choosing tax regime and filling ITR.

Step 2: Choose your tax regime strategically

With multiple income sources, regime choice becomes critical.

Old vs new regime for multi-source income

The calculation is more nuanced when you have multiple income types.

New regime considerations:

Lower slab rates (5%, 10%, 15%, 20%, 30%). No deductions except standard deduction on salary. Home loan interest NOT deductible. Section 80C, 80D NOT allowed.

Old regime considerations:

Higher slab rates (5%, 20%, 30%). Full deduction basket: Section 80C (₹1.5 lakh). Section 80D (₹25,000-50,000). Home loan interest (₹2 lakh on house property). Standard deduction on salary (₹50,000).

Key insight: If you have significant home loan interest or Section 80C investments, old regime often wins despite higher slabs.

Real regime comparison

Your income (from earlier example):

Salary: ₹9 lakh. Rental: ₹7.2 lakh gross. Capital gains: ₹4.5 lakh LTCG. Other sources: ₹2.75 lakh.

Deductions available:

Home loan interest: ₹2.2 lakh. Section 80C (ELSS, LIC, PPF): ₹1.5 lakh. Section 80D (health insurance): ₹22,000.

Scenario A: New regime

Regular income after standard deductions: ₹13.4 lakh (approximately). Tax calculation: ₹0-3 lakh: Nil. ₹3-7 lakh: 5% = ₹20,000. ₹7-10 lakh: 10% = ₹30,000. ₹10-12 lakh: 15% = ₹30,000. ₹12-13.4 lakh: 20% = ₹28,000. Total: ₹1.08 lakh.

Capital gains tax: 12.5% on ₹3.25 lakh = ₹40,625.

Grand total: ₹1.48 lakh (approx).

Scenario B: Old regime

Regular income: ₹13.4 lakh. Less home loan interest: ₹2 lakh (max allowed). Less Section 80C: ₹1.5 lakh. Less Section 80D: ₹22,000. Taxable regular income: ₹9.88 lakh.

Tax calculation: ₹0-2.5 lakh: Nil. ₹2.5-5 lakh: 5% = ₹12,500. ₹5-9.88 lakh: 20% = ₹97,600. Total: ₹1.1 lakh.

Capital gains tax: ₹40,625 (same, capital gains rates don't change by regime).

Grand total: ₹1.51 lakh (approx).

New regime saves ₹3,000 in this case.

But wait. If home loan interest was ₹2.5 lakh instead of ₹2.2 lakh:

Old regime taxable income would be ₹9.38 lakh. Tax: ₹1.02 lakh. Total with capital gains: ₹1.43 lakh.

Old regime would save ₹5,000.

The calculation changes based on your specific deduction amounts. At Belong, we run both scenarios for every client and choose the lower tax.

👉 Tip: Never assume new regime is better just because slabs are lower. With multiple income sources and deductions (especially home loan interest >₹1.5 lakh), old regime often wins. Calculate both. We've saved clients ₹30,000-80,000 annually by optimizing regime choice.

Step 3: Reconcile TDS from all sources

Multiple income sources mean multiple TDS deductions. Getting this right prevents refund delays.

Understanding TDS rates by income type

Each income type has different TDS rates for NRIs:

Salary TDS: Based on slab rate (employer calculates and deducts per your tax liability).

Rental TDS: 30% (if monthly rent >₹50,000). Deducted by tenant.

NRO interest TDS: 30% (31.2% with cess). Deducted by bank.

Dividend TDS: 20% (20.8% with cess). Deducted by company.

Capital gains TDS: Property sale: 20% of sale value (by buyer). Mutual fund redemption: 20% (by AMC if large redemption). Stock sale: 20% (by broker if sale proceeds >₹1 crore).

These are all pre-tax deductions. They go to the government before you see the money.

Creating your TDS reconciliation sheet

Before filing ITR, create this:

Last row shows mismatch. TDS certificate from AMC says ₹48,000. Form 26AS shows ₹42,000.

What to do:

Contact AMC immediately. Ask them to file correction. Or report exactly what Form 26AS shows (₹42,000). Attach AMC certificate as proof. Claim balance ₹6,000 in subsequent year if correction happens.

Never claim TDS that's not in Form 26AS. CPC will flag mismatch and hold your refund.

Calculating total TDS

Sum up all TDS from Form 26AS:

Salary: ₹78,000.
Rental: ₹2.16 lakh.
NRO interest: ₹56,160.
Dividend: ₹19,760.
Capital gains: ₹42,000.

Total TDS: ₹4.13 lakh.

Compare to actual tax liability (from Step 2):

Tax due: ₹1.48 lakh (new regime) or ₹1.51 lakh (old regime).

Refund: ₹4.13 lakh minus ₹1.48 lakh = ₹2.65 lakh.

This is why TDS reconciliation matters. If you miss even one TDS entry, you lose that refund amount.

Step 4: Fill ITR-2 section by section

Now we put everything into the actual return.

ITR-2 structure for multi-source income

ITR-2 has distinct schedules for each income type:

Part A: Personal details (name, PAN, address, status).

Schedule S: Salary income details.

Schedule HP: House property income.

Schedule CG: Capital gains (separate for STCG and LTCG).

Schedule OS: Other sources (interest, dividend).

Schedule VI-A: Deductions under Chapter VI-A (80C, 80D, etc., only if old regime).

Schedule TDS: All TDS deducted.

Part B-TTI: Total taxable income and tax calculation.

Let's fill each section for our example.

Schedule S: Salary

Fields to fill:

Name of employer: Previous Mumbai employer.
Salary received: ₹9 lakh.
Less standard deduction: ₹50,000.
Less allowances (if any, exempt portion).
Net salary: ₹8.5 lakh (example).

If old regime:

Navigate to Schedule VI-A later. Claim Section 80C, 80D there.

If new regime:

No further deductions. Net salary feeds into total income.

Schedule HP: House Property

Fields to fill:

Address of property: Pune flat address.
Let out or self-occupied: Let out.
Annual rent received: ₹7.2 lakh.
Less municipal tax paid: ₹18,000.
Net: ₹7.02 lakh.
Less 30% standard deduction: ₹2.11 lakh.
Net annual value: ₹4.91 lakh.

If home loan (old regime only):

Less interest on home loan (Section 24b): ₹2 lakh (or actual, max ₹2 lakh). Income from house property: ₹2.91 lakh.

If new regime or no home loan:

Income from house property: ₹4.91 lakh.

Schedule CG: Capital Gains

For each asset sold:

Asset 1: Equity mutual fund

Type: Listed shares or units (equity MF counts here).
Date of purchase: March 2020.
Date of sale: February 2026.
Sale price: ₹8 lakh.
Purchase price: ₹5.6 lakh.
Capital gain: ₹2.4 lakh.
Holding period: >12 months (LTCG).

Calculation:

LTCG: ₹2.4 lakh.
Less exemption: ₹1.25 lakh.
Taxable: ₹1.15 lakh.
Tax at 12.5%: ₹14,375.

If you had property sale:

Similar fields but with indexed cost calculation.
Sale price: ₹1.5 crore.
Purchase price (original): ₹40 lakh.
Indexed cost: ₹87 lakh (using CII).
LTCG: ₹1.5 crore minus ₹87 lakh minus sale expenses.
Tax at 20%.

All capital gains consolidate here. System calculates tax separately.

Schedule OS: Other Sources

Interest income:

NRO FD interest: ₹1.8 lakh. Savings account interest: ₹12,000 (if any).

Total interest: ₹1.92 lakh.

Dividend income:

Dividend from stocks: ₹95,000.

Total other sources: ₹2.87 lakh.

Added to regular income for slab rate taxation.

Schedule VI-A: Deductions (old regime only)

If you chose old regime:

Section 80C: ELSS mutual funds: ₹50,000.
LIC premium: ₹40,000. PPF contribution: ₹60,000.
Total: ₹1.5 lakh (max limit).

Section 80D: Health insurance premium: ₹22,000.

These reduce your taxable income.

If new regime: This section is skipped entirely.

Schedule TDS: Tax Deducted at Source

Enter all TDS from Form 26AS:

TDS on salary: ₹78,000 (employer's PAN, TAN).
TDS on rent: ₹2.16 lakh (tenant's PAN).
TDS on interest: ₹56,160 (bank's TAN).
TDS on dividend: ₹19,760 (companies' TAN).
TDS on capital gains: ₹42,000 (AMC's TAN).

System auto-fills from Form 26AS if you allow pre-fill. Verify each entry.

Part B-TTI: Tax calculation

System now consolidates everything:

Gross total income: Salary: ₹8.5 lakh.
House property: ₹2.91 lakh (old regime with home loan) or ₹4.91 lakh (new regime).
Other sources: ₹2.87 lakh.
Total: ₹14.28 lakh or ₹16.28 lakh.

Less deductions (old regime only): Chapter VI-A: ₹1.72 lakh.

Total taxable income:

Old regime: ₹12.56 lakh. New regime: ₹16.28 lakh.

Tax on regular income:

Calculated at applicable slab rates.

Tax on capital gains:

Added separately: 12.5% on ₹1.15 lakh = ₹14,375.

Total tax liability:

Regular income tax + capital gains tax.

Less TDS already paid: ₹4.13 lakh.

Refund or tax due: Difference between tax liability and TDS.

System generates final numbers.

👉 Tip: ITR-2 online filing auto-calculates most of this. But understanding the flow helps you spot errors before submitting. We review every section manually for clients before filing to catch calculation mistakes the system might miss.

Step 5: Handle common multi-source complications

Certain scenarios add complexity.

Complication 1: Salary from two employers

If you worked for two different Indian employers during the year:

Employer A (April-July): ₹4 lakh. Employer B (August-March): ₹8 lakh.

Total salary: ₹12 lakh.

You'll have two Form 16 certificates.

In ITR-2:

Add both employers in Schedule S. Enter salary from each separately. System consolidates total salary. Report TDS from both (both will be in Form 26AS).

Common error: Reporting only current employer, forgetting previous one. This leads to TDS mismatch (TDS from previous employer is in Form 26AS, but you didn't claim it).

Complication 2: Multiple properties

If you own two rental properties:

Property 1 (Mumbai): ₹55,000/month = ₹6.6 lakh/year.
Property 2 (Pune): ₹40,000/month = ₹4.8 lakh/year.

In ITR-2, Schedule HP:

Add both properties separately. Property 1 income (after deductions): ₹4.2 lakh (example).

Property 2 income (after deductions): ₹3.1 lakh (example).

Total house property income: ₹7.3 lakh.

TDS consolidation:

Property 1: Tenant deducts TDS (rent >₹50k/month).
Property 2: No TDS (rent <₹50k/month).
Report TDS from Property 1 only.

If one property is self-occupied and one is rented:

Self-occupied: Show in Schedule HP as self-occupied (nil income, but can claim home loan interest up to ₹2 lakh in old regime).

Rented: Show rental income calculations.

Complication 3: Capital gains from multiple asset types

If you sold both equity MF and property in same year:

Equity MF: ₹2.4 lakh LTCG (12.5% tax).
Property: ₹35 lakh LTCG (20% tax with indexation).

In Schedule CG:

Enter equity MF sale in LTCG (listed securities) section. Enter property sale in LTCG (immovable property) section. System calculates tax on each separately. Both taxes are added to total liability.

If you're claiming Section 54 exemption on property:

Fill exemption details in Schedule CG. New property purchase details. Investment amount. Exemption calculation. Reduces property LTCG tax.

Equity MF LTCG is calculated separately (no impact from property exemption).

Complication 4: Foreign income or assets

If you're Resident or RNOR (not NRI) and have foreign income:

Foreign salary (if Resident): Report in Schedule FSI (Foreign Source Income).

Foreign bank interest: Report in Schedule OS with separate note.

Foreign assets >₹50 lakh: Fill Schedule FA.

If you're NRI (less than 182 days in India):

Foreign income: Not taxable in India, don't report. Foreign assets: Schedule FA not required for NRIs. Only India-sourced income goes in ITR.

Status determination is critical.

If you miscalculate and you're actually Resident (stayed 182+ days), you've underreported income.

Complication 5: TDS deducted but not deposited

If tenant or employer deducted TDS but didn't deposit with government:

Form 26AS won't show it. You don't have that TDS credit. You're still liable for the tax.

What to do:

Follow up with deductor immediately (legal obligation to deposit within 30 days). File ITR without that TDS (report only Form 26AS entries). If deductor deposits later: File revised or updated return to claim that TDS. Or claim in next year's return.

Never claim TDS that's not in Form 26AS, even if you have a certificate. CPC will reject it.

How Belong handles complex multi-source filing

Let's talk about how we simplify this for you.

Our multi-source filing process

Step 1: Comprehensive income discovery

Most NRIs forget at least one income source. We use a structured questionnaire:

Did you work in India at any point during the year? Do you own property in India (rented or vacant)? Did you sell any assets (property, stocks, MFs, gold)?

Do you have bank accounts in India (NRE, NRO, savings)? Did you receive dividends from any stocks? Any other India income (pension, consultancy, inheritance)?

We've discovered forgotten income for 40% of clients who initially said they only had "rental income."

Step 2: Document collection and organization

We create income-specific folders:

Salary: Form 16, salary slips, investment proofs. Rental: Agreements, Form 16C, municipal receipts. Capital gains: AMC statements, property documents. Interest: Bank certificates. Dividend: Demat statements.

We cross-check everything against Form 26AS before proceeding.

Step 3: Dual regime calculation

We calculate your tax under both old and new regime. We factor in all deductions you're eligible for. We account for capital gains separately.

Real example:

Client assumed new regime was better (simpler). We calculated: New regime tax: ₹1.85 lakh. Old regime tax (with his ₹2.3 lakh home loan interest + ₹1.5 lakh 80C): ₹1.21 lakh.

We saved him ₹64,000 by choosing old regime.

Step 4: TDS reconciliation and optimization

We download Form 26AS. We identify all TDS entries. We match against your certificates. We flag mismatches immediately.

In 15% of cases, we find TDS in Form 26AS that clients didn't know about (forgotten dividend from old stock holdings, interest from dormant account). Each entry increases refund.

Step 5: ITR-2 preparation and review

We fill every schedule accurately. We ensure income categorization is correct. We verify calculations (system auto-calc can have bugs). We review for common errors before filing.

Step 6: Filing, verification, refund tracking

We file ITR-2. We verify digitally (using your net banking or Aadhaar). We track processing. We notify you when refund is processed.

Typical timeline: 3-5 days from document submission to filed return.

Real multi-source cases we handled

Case 1: Salary + Rent + Multiple MF redemptions

Singapore-based NRI. Worked in Bangalore till June (₹6 lakh salary).
Rental income: ₹9 lakh/year.
Redeemed 8 mutual funds in staggered manner (₹18 lakh proceeds, ₹5.2 lakh LTCG).

Complexity:

8 separate capital gains calculations.
TDS from 3 AMCs. Salary TDS + rental TDS + capital gains TDS = 5 different TDS entries.

Our process:

Consolidated all MF transactions into Schedule CG.
Verified each TDS entry in Form 26AS.
Calculated old vs new regime (old saved ₹32,000 due to home loan).
Filed ITR-2.

Result: Refund of ₹2.47 lakh processed in 4 months.

Case 2: Property sale + Rental + Salary + NRO interest

UK-based NRI. Worked in Mumbai till August (₹10 lakh salary).
Sold ancestral property (₹2.8 crore sale, ₹1.2 crore LTCG after indexation). Rental income: ₹4.8 lakh.
NRO interest: ₹2.2 lakh.

Complexity:

Huge TDS on property (₹56 lakh deducted by buyer).
Section 54 exemption (bought new flat for ₹1.8 crore, partial exemption).
Home loan on new property (interest ₹2.4 lakh).

Our process:

Calculated indexed cost for property sale.
Applied Section 54 exemption (₹1.2 crore LTCG reduced to ₹0 for exempted portion, ₹1 crore balance).
Old regime optimal (₹2.4 lakh home loan interest + 80C deductions).

Result:

Actual tax: ₹24 lakh (after exemptions).
TDS: ₹56 lakh (property) + ₹1.2 lakh (salary) + ₹68,000 (NRO) = ₹57.88 lakh. Refund: ₹33.88 lakh.

Processing took 9 months (large refunds take longer), but full amount recovered.

What we charge for multi-source filing

Standard multi-source ITR (salary + rent + capital gains): ₹5,500.

Complex multi-source (property sale with exemptions + rental + salary): ₹8,500.

Very complex (multiple properties + multiple asset sales + DTAA + Schedule FA): ₹12,500.

What's included:

Regime optimization. TDS reconciliation. All schedules filled accurately. Filing and verification. Refund tracking. Notice response support (if any).

Remote service: Entire process via video calls, email, cloud uploads. No India visit needed.

Book Belong's multi-source tax filing service.

Your action plan: File complex returns correctly

Step 1: Create income inventory (by May)

List every India income source. Estimate amounts for the year. Identify which are taxable.

Step 2: Collect documents (by June 15)

Get all certificates, statements, receipts. Download Form 26AS. Organize by income type.

Step 3: Calculate both regimes (by June 20)

Total up all income. List all deductions available. Calculate tax under old and new. Choose lower tax regime.

Step 4: Decide: DIY or professional help

DIY makes sense if: Only 2 income sources (say, salary + rent). No capital gains. No confusion about regime. Total income <₹10 lakh.

Hire professional if: 3+ income sources.

Capital gains (especially property with indexation or exemptions). Home loan interest >₹1 lakh (regime choice critical).

Previous year errors or notices. High refund at stake (₹1 lakh+).

Step 5: File by mid-July

Don't wait till July 30. File by July 15. Leaves buffer for revisions if errors discovered.

Or let us handle everything.

You send us documents. We optimize regime. We consolidate income. We reconcile TDS. We file and verify. We track refund.

Timeline: 3-5 days. Pricing: ₹5,500-12,500 based on complexity.

Book Belong's multi-source tax filing.

Frequently Asked Questions

Do I need separate ITR forms for each income type?

No. One ITR-2 handles all income types. Different sections for salary, rental, capital gains, interest, but all in one return.

Can I use different tax regimes for different income types?

No. You choose one regime (old or new) for the entire return. It applies to all regular income. Capital gains have fixed rates regardless of regime.

What if I forgot one income source after filing?

File revised return (if before July 31 or before assessment). Add the missed income. Pay additional tax if due. No penalty if revised before deadline.

How do I know if old or new regime is better with multiple income sources?

Calculate both. Old regime wins if you have: home loan interest >₹1.5 lakh, or Section 80C + 80D total >₹1 lakh. New regime wins if you have minimal deductions. We calculate both for every client.

Can I claim Section 54 exemption on property sale if I have other income?

Yes. Section 54 exemption applies to property LTCG specifically. Other income (salary, rent) is taxed normally. Capital gains from property can be exempt if you reinvest in residential property.

What if TDS from one source is missing from Form 26AS?

Report only TDS that appears in Form 26AS. Follow up with deductor to file correction. Don't claim missing TDS (CPC will reject). Claim it in revised return once it appears in Form 26AS.

Can Belong handle very complex cases (5+ income sources)?

Yes. We specialize in complex NRI returns. Multiple properties, multiple asset sales, DTAA claims, Schedule FA, everything. Our team includes CAs with NRI tax expertise.

Book Belong's multi-source tax filing.

Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Tax rules, regime provisions, and deduction limits are subject to change. Consult a qualified chartered accountant for your specific situation. Belong (getbelong.com) is a SEBI-registered investment advisor offering GIFT City-based investment products under IFSCA regulation and professional NRI tax filing services.