Tds deduction

TDS 142 views 3 replies

My father invested in SBI 2006 tax saver FD as primary holder and my mother is second holder.
My father expired so he cannot submit 15H form. Bank says they will deduct TDS for the same.
The FD expires after 4 years The FD cannot be preclosed so  Bank will deduct Tax for Dead  person?? Please clarify. 
 

Replies (3)
Provide your mother PAN card and death certificate of your father to the bank.

I have aleready provided that. But the Bank says it cannot be pre-closed and my mother cannot submit 15H for the same.  so they will deduct TDS

File Income Tax return your father which will be singed by your mother.

Thereafter, register your mother as a legal heir of your father. 

Refund will be granted to your mother.


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