Filing of returns of nri


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 November 2013 case1: one of my client(Staying in UAE) received bank interest on NRO account in India, the bank made TDS @ 12.5%, Whether he has to file income tax return in india

Case2: In the same case above if bank deduct TDS@30.9%

suggest me in this regard

25 November 2013 in any case, he should file tax return in respect to such income and if there is any tax refundable or payable, the same should be satisfied.

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Querist : Anonymous

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26 November 2013 But how to file it. Is it at the rate of 12.5% or at normal slab rate. Which ITR form

26 November 2013 yes should file return of income.

27 November 2013 Dear Friend,


The TDS rate applied by bank is by no means an indication or a judgment for the tax rate applicable to you.

the exact tax incidence shall depend on the DTAA. So you need to check the relevant clauses for the same.


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