How to claim tax deducted in india on bank interest in us?

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 February 2014 a NRI & Resident of U.S. has earned Bank interest of Rs.1 Lakh in India.
Bank has deducted tax @ 30%.
he is going to offer Indian Income in U.S. What is the procedure for claming TDS so deducted in U.S.

14 February 2014 you need to file tax return here and with regards to claiming credit in US, you need to claim credit under the provisions US-India DTAA.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 February 2014 but i dont have PAN no & don't want to file return here in India but whatever deducted as tax in India i want to claim the same in US

14 February 2014 well thats your wish. But you need to check with US regulations with regards to claiming tax credit in absence of tds information.

14 February 2014 wihtout filling return tax deducted cannot be claimed as refund.

14 February 2014 Tushar he is not looking for refund, he is looking for tax credit in US tax return.

14 February 2014 ya in that case he must refer to relevant article in DTAA between india and USA.

14 February 2014 that has already been covered in earlier replies..


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