Income from fixed deposit

Brahma Finance (PROPRIETOR) (79 Points)

22 June 2013  

Dear All,

A client of mine has 2 children on whose name he has opened FD's worth 10 lac each. Both are major. Now both children are still studying and have no income. Bank has deducted TDS from both the FD accounts. Can the children file ITR and claim that deduction back? If yes, which ITR would be suitable.

 

Thanx in advance