Tds for nri and it return

This query is : Resolved

Ashish (Querist)
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28 April 2013 Hi,

My status is NRI since Apr2012, I had a fixed deoposit running since 2011 when my status was resident indian. I forgot to close my FD before travelling to outside India, so in 2012 bank deducted TDS on interest earned.

Now how should I show it in my IT return, shall I show my status as NRI and still show these as income earned?

Please suggest.

Shivang Chokshi

Shivang Chokshi (Expert)
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29 April 2013 you need to show the status of your residency as you had in the concerned previous year in which you received income..

if you earned income from such fd and bank deducted tds in certain previous year and in assessment year related to such prev year, you are having nri status then you need to show it as nri status, claim such income and also claim the tds done.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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11 June 2013 First of all you should close your present FDR or convert the FD a/c to NRO A/c and at the same time you should file your return in India with the FD Interest and claim the TDS as refund with your NRI status. Give the details of your Indian Bank Account for direct credit.

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