Handling of NRO TDS

Micheal Walter (Nil) (36 Points)

01 December 2024  

NRI - Has only Interest Income which has no Income Tax LIabilities. Never filed ITR.

In the near future, my society will undergo redevelopment and I will receive compensation for Rent and also other funds which will be credited to my NRO Account which will be subject to TDS.

Do I have to file ITR and for this I will have to take services of a C.A.?

Though, I will need C.A. to certify that Tax has paid on the funds and after that I will be able to transfer it to NRE Account.

How is the procedure for this and how much does the C.A. will charge for such type of services and how to locate a C.A. in Mumbai?

Kindly guide.

Thank you

Regards
Mike