TDS claim on interest of bank fixed deposit

CS Charushila Salvi (Company Secretary) (61 Points)

01 August 2023  

Dear Professionals,

Kindly help me in below case.

Find below the facts about income of Mrs. X.

Can Mrs. X claim TDS deducted by bank on interest earned on fixed deposit? If yes, how?

  1. Mrs. X is 34 years old.
  2. Her taxable income after deduction  is more than Rs. 2,50,000 but less than Rs. 5,00,000/-.
  3. She earns interest on fixed deposit Rs. 60,000/- per annum.

Thanks in advance.