SUBMISSION OF FORM 15G OR 15H BY NRI

[mohan c r]

Dear Sir,

 can some body can guide the following:

 whether an NRI can submit Form 15G or 15H for non-deduction of tax from his/her interest  earned from NRO rupee deposits.

Different views or articles come in the papers and magazines.

Can somebody guide correct position.

 MOHAN

AI Summary

NRIs Cannot Use Form 15G or 15H for Tax Exemption on NRO Interest Under Section 197A. An individual inquired whether a Non-Resident Indian (NRI) could submit Form 15G or 15H to avoid tax deductions on interest from NRO rupee deposits. Two responses clarified that according to Section 197A, these forms are intended for resident assessees only. Therefore, NRIs are not eligible to submit Form 15G or 15H for non-deduction of tax at source.