NRIs get breather to claim back tax paid at source

The Indian tax authority has exempted NRIs from having to file applications online for deduction of taxes paid at source in a bid to ease hardship cases.

In a new circular issued by the Central Board of Direct Taxes (CBDT), manual applications can now be completed in specified forms before designated officials at transaction centers in India by March 31, 2019.

The applicable tax laws provide that if total income warrants deduction of income tax at lower or nil rate, the taxpayer may apply to the assessing officer concerned requesting for a lower withholding certificate.

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