I filed form 67 and also tax relief under 90/90A but didn’t get refund. Why would that be? I hold US stocks and also provided correct 1042 S form.
Please let me know so I can correctly file this time.
I filed form 67 and also tax relief under 90/90A but didn’t get refund. Why would that be? I hold US stocks and also provided correct 1042 S form.
Please let me know so I can correctly file this time.
Hey @Chb,
A refund would be issued if your taxes paid exceed your actual tax liability. Moreover, you don’t get a refund, you actually get credits of the taxes that were paid on the income outside of India.
Yeah so tax I pay here on dividend minus tax paid in US would be a refund. Since percentage tax here is 30 and in US is 25. I still haven’t gotten the refund