I am a US citizen of Indian Origin. I have a fixed deposit in India in an Indian Company.?



TDS at 30 percent is deducted from the interest paid to me. But I claim refund of the entire TDS ( by filing tax return) as the total income in India is less than the taxable limit.Will I be required to pay any Income Tax in the USA on my income accrued in India?

I am a US citizen of Indian Origin. I have a fixed deposit in India in an Indian Company.?
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2 Replies to “I am a US citizen of Indian Origin. I have a fixed deposit in India in an Indian Company.?”

  1. Better you appraoch a Chartered Accountant.Who will guide you about tax implications accordingly.
    Advocate
    High Court
    Chennai


  2. Since you are not indian citizen. Rate of Taxe is as applicable to Person of Indian origin. You should verify your reatun of Income from any learned consultant or Chartered Accountant.





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