sir..we had a fd with bank which was long term n cumulative
..my mom experied in Oct 2017
...her name was deleted n second name holder my dad became principal holder
..as we need to file my mom return till October as she earn interest income
..bt bank say they cannot give TDs certificate of her till October as she had not received a interest bt it was a accrued interest..
they will give certificate from my dad name of whole year n all interest will be counted on him
is it true.. ADVICE
now
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form 26 or TDS certificate from bank
Replies (2)
bank should normally give form 16A upto oct for your mother and for remaining months for your father.
but even if the whole tds is being deducted in your father's name then also you can bifurcate it in ITR of your parents.
but even if the whole tds is being deducted in your father's name then also you can bifurcate it in ITR of your parents.
ok..bt bank is of the view that seperate certificate can only be given is it is quarterly payout deposit bt as it is cumulative n interest is not paid out to depositor it is counted as accrued interest from every quarter n hence certificate is given only once at the end of year
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