Eligibility of non resident to file form 15d

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Mahima Sharma (Querist)
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27 February 2018 what are the eligibility criterion of non resident individual if he/ she wishes to make an application in FORM 15D

Sumeet

Sumeet (Expert)
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27 February 2018 Following conditions must be fulfilled by the non resident individual for making an application in form 15d:-

1. The person has been regularly assessed to income tax in India and he/she has filed ITR whenever liable to file within due time.
2. He/she should not be in default in respect of any tax,interest or penalty under Income Tax Act.
3. He/she has been carrying on business in India for minimum 5 years continuously before making the application.
4. Value of Fixed Assets of such business as shown in books for previous year should exceed 50 Lakhs.