Form 15G for NRI

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Form 15G for NRI
Query (Issue) Started By: - Rahul S Dated:- 10-9-2015 Last Reply Date:- 11-9-2015 Income Tax
Got 1 Reply
Income Tax
Hi I am non-resident Indian living abroad for ~6 year .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s. Prior to that I was employed in India for >5 years. I have requested my last employer in India to file a request for EPF withdrawal (held with Maharashtra EPF). My last employer in India is insisti .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ng me to provide Form15G saying it is mandatory for EPF withdrawal application. However I learned through online search that Form 15G is only meant for resident Indians. Also violating the repercussi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ons of wrong filing is stiff.A false or wrong declaration in Form 15G attracts penalty under Section 277 of the Income Tax Act. "Prosecution includes imprisonment ranging from three months to two .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... years, and a fine. Please advise if it is fine to provide Form 15G or not. I do not have any salary income, shares, securities, mutual fund, NSS in India. I expect to earn bank interest income of < .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1 lac for FY2015-16. Many Thanks Rahul Reply By MARIAPPAN GOVINDARAJAN: The Reply: At the time of relinquishing from the company in India you are the resident in India. As such the view of the Dep .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... artment is correct to provide Form 15G for EPF withdrawal application.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X