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Tds refund from minor 26as

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This query is : Resolved

Rakesh Mehta (Querist)

03 November 2015 Dear sir madam
My son have fix diposit in bank and I submitted his pan card number in the bank. In last year fy 2014/2015 bank has dedicated TDS IN his account and diposit tex in his 26AS. in all year I submitted his IT return in my NAME. Now how i can gat refund of that TDS In my return or please give me solution for got refund.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)

05 November 2015 As per income tax provisions minor's income is clubbed with his parents income. so interest from FDR will have to be clubbed with your income and TDS on it can only be claimed if it shows in your 26AS. For that as per income tax rule 37BA you have to file a declaration with the bank on behalf of minor son mentioning your PAN and that TDS is to be deducted in your PAN as the income from FDR is required to be clubbed with your income u/s 64.

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