NRO tax

TDS 636 views 2 replies

ONE PERSON HAVE FDR IN BANK AND BANK HAS DEDUCTED TAX ON HIS FDR AS NRO TAX NOW IS IT NECESSERY TO FILE INCOME TAX RETURN FOR THAT PERSON OR NOT. AND NRO TAX REFUND POSSIABLE. 

Replies (2)

yes NRO should file ITR and claim return.

Hi,

 

Agreed with pankaj, NR should file income tax return in india also.

FOr Refund : His total income taxable in india would have to be calculated along with tax payable and if after setting off TDS deducted by bank in India, refund is generated, NR would definately get the refund.

 

Thanks and Regards,

 

Manoj B. Gavali


CCI Pro

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