Real recoveries.
Real numbers. Real people.
Anonymized case studies from actual TrustNRI clients. These are not projections — these are refunds that landed in bank accounts.
A.K. — Gulf NRI, Engineer in Dubai
6 years recovered · Investments: ₹25L FD + ₹15L NRO
+₹2,85,000
recovered in 4 months
The problem
Bank deducted 30% TDS on FD and NRO interest for 6 years. CA filed ITR at default rates. Never mentioned DTAA.
What we did
Filed condonation under Section 119(2)(b) for 6 past years. Claimed 12.5% treaty rate on all interest income. Filed amended ITR for current year with TRC + Form 10F.
"I had no idea I was overpaying for 6 years. The condonation filing alone got me Rs 2.85 lakhs including Section 244A interest."
M.N. — Singapore NRI, Tech Lead at Grab
5 years recovered · Investments: ₹40L MF + ₹10L FD
+₹3,15,000
recovered in 6 months
The problem
AMC deducted 12.5% LTCG on equity MF redemptions. Singapore has 0% CGT. DTAA Article 13 exempts MF gains for Singapore NRIs.
What we did
Cited March 2025 ITAT ruling. Filed ITR claiming capital gains exemption under Article 13(5). Filed condonation for 5 past years of MF redemptions.
"0% on both sides. Singapore does not tax it. The DTAA says India should not either. TrustNRI made the ITAT ruling work for me."
P.S. — American NRI, PM at Microsoft
3 years recovered · Investments: ₹30L FD + ₹50L MF
+₹1,45,000
recovered in 5 months (IRS TRC took 10 weeks)
The problem
PFIC nightmare on MF side plus 30% TDS on FD interest when treaty says 15%. CA focused only on US filing, ignored India DTAA.
What we did
Recovered FD interest TDS differential (30% to 15%) for 3 years. Filed Form 8802 for IRS TRC. Claimed Foreign Tax Credit on US return.
"My US CPA knew about PFIC but had never heard of DTAA. TrustNRI fixed the India side. The FTC on my 1040 was a bonus."
V.P. — British Indian, NHS Consultant
4 years recovered · Investments: ₹20L FD + ₹30L MF
+₹2,40,000
recovered in 7 months
The problem
HMRC TRC took 8 weeks. Bank kept deducting 30% on FD interest. Capital gains on equity MFs should have been 0% under Article 13.
What we did
Filed HMRC TRC application early. Recovered FD TDS differential (30% to 15%) and equity MF TDS (12.5% to 0%) for 4 years. Filed Self Assessment with FTC.
"The capital gains exemption under Article 13 was worth more than the FD savings. My London CA had no idea this existed."
A.R. — German NRI, Engineer at SAP
3 years recovered · Investments: ₹15L FD + ₹25L MF
+₹1,68,000
recovered in 5 months
The problem
45% German tax + 30% Indian TDS. Finanzamt TRC process unclear. CA filed at default rates.
What we did
Navigated Finanzamt TRC (varies by Bundesland). Filed ITR with 10% treaty rate on interest. Claimed Anrechnung on German return.
"The Finanzamt process was the bottleneck. TrustNRI knew exactly which office in Baden-Wurttemberg to contact. Saved me months."
D.F. — Nigerian Indian, Textile Business Owner
5 years recovered · Investments: ₹30L FD + ₹40L MF
+₹6,30,000
recovered in 8 months
The problem
7.5% DTAA interest rate — best in the world. 20 years of FD interest taxed at 30%. Nobody told him about DTAA.
What we did
Filed condonation for 5 years (max allowed given documentation). Claimed 7.5% treaty rate. Section 244A interest added significantly.
"In naira terms, this recovery was worth more than my annual business profit. 20 years of overpaying and nobody said a word."
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