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Mrunmai Deshpande (Housewife)     16 September 2018

Tds

According to RBI guidelines, after the death of FD A/c holder of the bank, the A/c need not be closed till the maturity of the FD Receipt. In such case how to claim the TDS deducted on the deposit from IT Dept by legal hair. Pl advice !


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 3 Replies

Adv Deepak Joshi +917017821512 (Advocate)     16 September 2018

Originally posted by : Mrunmai Deshpande
According to RBI guidelines, after the death of FD A/c holder of the bank, the A/c need not be closed till the maturity of the FD Receipt. In such case how to claim the TDS deducted on the deposit from IT Dept by legal hair. Pl advice !

Please tell me who said this and with whose authority said this "after the death of FD A/c holder of the bank, the A/c need not be closed till the maturity of the FD Receipt".

Mrunmai Deshpande (Housewife)     17 September 2018

Sir,

The Bank where we have FDs has informed us.

Adv Deepak Joshi +917017821512 (Advocate)     17 September 2018

Originally posted by : Mrunmai Deshpande
Sir,

The Bank where we have FDs has informed us.

Please ask concern bank to provide copy of rule/circular of RBI and do forward same to me.


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