Indian IT query:- Can I claim refund for TDS on Sale of shares?

I am an NRI with no income other than Short term capital gains on sale of Shares / Mufual Fund units. My broker / MF has deducted TDS from my sale proceeds. Can I claim the refund of the same (as my total taxable income is less than 1 lac) and will it be refunded?

An NRI has to pay tax on income earned and accrued in India as applicable as per Income Tax law.

U may file your return for claiming refund of the TDS with the jurisdiction ITO and any of your authorised representative will sign on your behalf .
Pls note that Long term capital gain income is exempted if STT is paid and Short term capital gain income attracted a special rate of income tax @10% plus ec.

consult an auditor, he might help u out.

yes

yes you can claim

Tags

　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield 　　Hedge Fund

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