How NRIs Can Claim TDS Refund? | NRI Taxation | Income Tax Refund

An NRI can claim TDS by filing Income Tax Return in the following scenarios:
1. When his total income is less than the basic exemption limit, then he can claim the refund for the TDS available in Form 26AS.
2. If an NRI sells his properties located in India, TDS will be deducted on the sum received by NRI as per Section 195 of the Income Tax Act. Usually, the deducted TDS will be higher than the tax liability in these cases. So, the NRI can get a refund of the tax which is over and above the tax liability.

However, to avoid the fund’s blockage, an NRI can get a certificate for a lower deduction of tax under section 197 from the jurisdiction assessing officer.

Relevant links:

Let’s connect:

Please click on the below link to know more about NRI taxation:

#TDSrefundbyNRI #NRItaxation #ITrefund #incometaxrefund

[sudiptosaha]

Please suggest if the following understanding is correct:

An NRI earns ₹10L from NRO FD interest per annum. The bank deducts 31.2% as TDS, which is ₹312, 000.
Considering no other income or investments in India, his/her actual tax liability is ₹62, 400 (as per the tax slab calculation 115BAC for AY2024-25).
The extra TDS paid (₹312, 000 - ₹62, 400 = ₹249, 000) can be recovered by filling ITR at the end of the financial year.

[RohitYadav-vtyp]

Apart from TDS, can NRI claim back the Surcharge and Cess amount as well @CleartaxIndia.

[pankajthakor]

I have invested in mutual funds through my nre account so now to claim tds refund is it possible to give nre account?

[rashidekram]

Hello bhai. Bhi main agae Flipkart se kuch order cancel krun to uska refund money nre account pe aata hai ya nahi.

[motivationshortsadda]

Hello..coul dyou plz clarify below queries:-
1. Lets say if I have 2 accounts and after becoming NRI do i need to convert both SB accounts to NRO or only 1 bank where in which my NRE account is there.
2. Also, lets say after converting both SB to NRO, the total interest comes around 15K so does that mean whatever the tax (i.e. 31.2% +ed cess) will be deducted and since the value is less than 5 lakhs we can get full return. Is the return process straightforward like how we fill ITR .

Thanks,

[navinshetty]

I am NRI and sold one property in India with Capital Gain of 1.50 Lakhs can i claim that 20 % TDS for property sale when i file my retrns?

[ldnoida]

Which account should be sent for validation for receipt of refund? NRE or NRO ??

[ramarvelusamy]

Sir / Madam, Is it TDS refund is applicable for Dividend? I have a NRE Demat ac, So the TDS is deducted prior to Dividend credit into my bank account. Actually I don't have a any source of income apart from Dividend income from India, Shall I claim or apply for refund? Thanks