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NRI Refund In Account Type Which Option to Be Choosed

KUMAR Narasimhan

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

NRI refund account selection: ensure the nominated bank account is validated in the profile for refund credit. Refunds to taxpayers who have become NRIs will be credited only to a bank account that is properly validated and nominated in the filer's profile; if the ITR bank-type dropdown lacks an explicit NRO option, select the account type that corresponds to the bank's validation (for example, Savings was successfully used) and ensure the nominated account is verified for refunds. (AI Summary)
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Padmanathan KV on Jul 22, 2024

I have chosen savings and according to my client, the refund has been received. I believe, the only criteria is that bank account should be properly validated in profile and chosen for refund.

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