Form 15g for non resident indivdiual

This query is : Resolved 

27 May 2014 Can a Non Resident Individual submit form 15G.

His Income liable to tax is below exemption limit.

Kindly suggest.

Thanking you.

27 May 2014 No it cannot be used

27 May 2014 Can you provide me with rate of TDS u/s 195 for payment of interest to non resident.


27 May 2014 It depends upon DTA executed. Check out DTA of the respective country.

27 May 2014 Whats the rate as per Income Tax Act?


27 May 2014 Generally 10% but with some countries it ranges to 12.5% or 15% or 25% also.

27 May 2014 Ok.

Thank you for your valuable consideration

27 May 2014 you can pay amount afer tDS u/s 195 @ 10% but it one problem when you deducted the TDs 10% if non resident have no PAN then TRACE demand 10% extra due to non resident have no PAN.





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