Eligibility for I.T. Refund on outward remittance(USD) on Relative's study abroad program

This discussion clarifies eligibility for an Income Tax (ITR) refund on outward remittances made in USD for a dependent relative's study abroad program. The Tax Collected at Source (TCS) is often deducted by banks under section 206CQ. To claim a refund for any excess TCS paid, individuals must file their Income Tax Return (ITR). This process allows them to claim the TCS credit and potentially receive a refund if the tax paid exceeds their annual liability.