Please clarify if I am eligible for Income tax refund on money spent in USD(outward remittance under LRS)for my dependent relative's study abroad program .My Banker is regularly deducting TCS from the remittance at 206CQ as per my FORM 26 AS. If eligible for refund, kindly advise how to go forward to get a refund. Thanks a lot.
Eligibility for I.T. Refund on outward remittance(USD) on Relative's study abroad program
S R Reddy (C.A) (61 Points)
20 April 2023
CAclubindia
