Tds on fd interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2014
hi,
my income is below tax limit. However, my fd interest are taxable and hence tds are deducted.
1. How can i claim the deducted tds?
2. Also, If I submit 15g form in my bank, will they still deduct tds ?
my income is below tax limit. However, my fd interest are taxable and hence tds are deducted.
1. How can i claim the deducted tds?
2. Also, If I submit 15g form in my bank, will they still deduct tds ?
20 December 2014
you have to file your itr for claiming income tax refund & further if you file form 15g/h than it will not be deducted by bank, but you have to file 15g/h only in case your income including fd interest is below taxable limit.
Message likes :
1 times
21 December 2014
TDS can be claimed as refund if you file your file Income Tax Return and have no taxable income.
Yes you also prefer to submit form 15G, in that case no TDS will be deducted from FD interest
Yes you also prefer to submit form 15G, in that case no TDS will be deducted from FD interest
22 December 2014
if your income is below the exempt limit then you can file 15G/H form with PAN detail with Bank then no tds will deduct by the bank of intt on FDR.
22 December 2014
1. If your total income including fd interest does not exceed the basic slab as applicable to you then file form 15G in case you are non senior citizen and claim relief from getting tax deducted at source.
2.they will not do once you submit form 15G to them
2.they will not do once you submit form 15G to them
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
