09 February 2016
Hello experts I have made a FD with J&K Bank of 1L for 1year interest accrued @9% and they deducted TDS @30.9% because my account is NRO. So is there any way that I can save myself from this regressive TDS deduction. I have renewed my FD as it was on auto renewal and they auto renewed it. I'm non resident I'm living in Australia right now. Every year I come to India.
CAclubindia
