Dear Sir/Madam,
I have a clarification, could you please help in this regard.
An Indian becomes an NRI and he is filing his ITR and he is getting a refund.
In ITR Form Part B -TTI under serial no 18 under bank Information, Account Type has only Saving, Current, Cash Credit, Over Draft, Non Resident, Capital Gain Account Scheme and others
But it doesn't have a NRO Account, so should we need to select 'Others' in the above case??? Or Non Resident Account
Choosing the Right Account for NRI Refunds: Select 'Savings' if NRO Isn't Listed; Ensure Validation for Success. An individual inquired about selecting the correct account type for an NRI refund in the Income Tax Return form, as the options listed do not include an NRO account. A respondent advised that selecting 'Savings' worked for their client, who successfully received the refund. The key requirement is ensuring the bank account is properly validated and selected for the refund process. (AI Summary)