dear friends is it necessary to provide pan to bank in case of fdr of more than 50000 through my saving account with the bank. can u pls give me the section for the same. moreover if a person's income is less than the maximum income not taxable under income tax act and he has no pan then what he haS TO DO TO GET THE FDR PREPARED .
THANKS IN ADVNACE
Yes for tds purpose assess has to submit PAN to bank but if your salary is below exemption limit than submit form 15G.
| Originally posted by : Pankaj Arora | ||
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Yes for tds purpose assess has to submit PAN to bank but if your salary is below exemption limit than submit form 15G. |
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Any way Mr.Vijay the person has to apply for a PAN card only then he is elligible to submit Form 15G.
Thyanks & Regards
Ram.
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