TDS on bank deposit


This query is : Resolved 

19 January 2009 My father has invested in Bank FD.He has not informed to the bank regarding TDS deduction on interest in time (Form 15 H). He has submitted the Form 15 H recently but by the time the bank has already deducted TDS. How i can recover it from bank. Please suggest the alternatives.

thank you
sagar

19 January 2009 Since the Bank has Deducted the TDS on the interest, you can claim it in your return of Income as TDS.

19 January 2009 Since the Bank has Deducted the TDS on the interest, you can claim it in your return of Income as TDS.

19 January 2009 You cannt recover the TDS from the bank as TDS onces paid it is credited ddircctly to the Central Government account.You can cliam refund from the tax you have to pay .


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