Deduction of income tax


This query is : Resolved 

03 January 2015 Dear Sir/ Madam,

I had FD Rs.300000/- in state bank of india. For above amount the bank has deduct tax amounting to Rs.30000/-.To please send solution for refund such amount.

03 January 2015 The bank has correctly deducted tax. File income tax return and claim refund if your income is below taxable income.

Rupesh Jain (Expert)
03 January 2015 you can file the return and get the refund of tds.


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