Tds
This query is : Resolved
02 October 2019
I got sum of RS.8300000/- from land acquisition by govt. I did the FD in nationalised bank. Bank is denying to accept 15g.. Please guide us
02 October 2019
You are earning taxable income on this deposit so bank will not accept 15g.
02 October 2019
What happen if anyhow I submitted the 15g
02 October 2019
Bank will reject it.
02 October 2019
Sir thank you for your response but the acquisition officer told that your money is totally tax free and I have submitted 15g mentioning it's my responsibility.
03 October 2019
The version of Bank is correct.You will not give 15 G.It is against Tax laws
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