25 April 2011
An Indian citizen is residing in USA earns salary there (tax being deducted by employer in USA). For IT purposes he is a non-resident. He also has some investments and deposits in India in Banks. Can he file Form 15G in respect of those deposits in India?
26 April 2011
Form 15G is permissible for a non resident indian subject to the satisfaction of the conditions specified in section 197A (1A) of the Income tax Act,1961.
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