Dear learned Friends,
Kindly clarify the following query: An Indian Citizen who is not a Resident of India receives income from certain sources like Interest on Fixed Deposits.Since he is not a resident of India during a given Financial year he cannot submit Form 15G though his income including interest on Deposits earned in India does not exceed the taxable limit and in such a case can a Power of Attorney Holder file the returns on behalf of the Non Resident concerned and get refund of Tax Deducted at source. Kindly give your valued clarification.
Thanks & With Regards,
K.Srivatsan
Non-resident Indian can have POA holder file tax returns and claim TDS refund on interest from fixed deposits. An Indian citizen, who is a non-resident, inquires whether a Power of Attorney (POA) holder can file tax returns and claim a refund for tax deducted at source on interest from fixed deposits in India, as the individual cannot submit Form 15G. A contributor confirms that a POA holder can file returns on behalf of the non-resident, citing a clause allowing representatives to declare their role in filing. The discussion also includes a clarification regarding a mistaken identity due to a name-related misunderstanding. (AI Summary)