hello all, i will be receving rs 25 lacs this june end as sales procedd for house in my name..unfortunatley i am jobless at the moment hence do no intend to park it in CGS account.
if i park this fund in bank fd by splitting bankwise /branchwiseor otherwise( my housewife and me) how to account for form 15g in such case
should i let the bank deduct tds( fd will be for period of 6-8 months max interest max say 8%)
its so confusing since i am unemployed and do not knwo what job and pay package i will get in future
please advise as i do not want to fill wrongful 15 g form for both
warm regards
CAclubindia
