Tds query

AISURYA MOHANTY (manager) (52 Points)

15 August 2014  

Dear Sir/Madam.

The Father of My client had F.D in a Bank Rs800000, For 3 Years Mean His father exxpired.

The Nominee is his Mother(sr ctz) .And his is a house wife and having PAN Card.He is also submitting 15H

to the Bank.

But the BANK  on Death settlement of F.D has deducted 20% TDS.

Is the Bank Has the done correct thing instead of submitting 15 H by the Nominee.

 

REgards,

Aisurya Mohanty