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Nri bank transfer

This query is : Resolved 
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(Querist)
20 May 2022 i taken residency of other country and opened company and personal bank account. i will not stay in india to be nri. but now i have to transfer funds from my india account to new country account.

banker say that i can transfer without updating nri status also. because he say that status change takes time and i will not able to transfer when changing status for 1 week or more.

is that okay? if i send money from my personal india to foreign personal account? i come in 30% tax category and always paid. but will it generate some inquiry from it deprtment? because it is not nri status in bank.

banker also say i can change nri in account when i come to india in 1-2 mnths.

help please
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 May 2022 Upto 7 lacs you can transfer without TDS.
For urgent requirement you can transfer with TDS. TDS you can get refund by filing ITR
Wait and Transfer money as NRI.
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