form no 15 G

Querist : Anonymous (Querist) 07 December 2010 This query is : Resolved
I have a FD account in Maharashtra for which I submit 15 G every financial year. Now for job purpose I have shifted to Karnataka. If I open another FD account in Karnataka, whether I have to submit the 15G form with Karnataka address or the maharashtra address.
Can I submit the 15G for the account in maharashta with the maharashtra address and for the account in karanataka with karnataka address?
Please guide me.
I want both the account separate.

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adv. rajeev ( rajoo ) (Expert) 08 December 2010
Yes.

Khaleel Ahmed Mohammed (Expert) 08 December 2010
You can maintain both accounts seperately, but you have submit the details of FD at your present Karnataka address.

Parthasarathi Loganathan (Expert) 08 December 2010
If the deposit is made to the same bank, you are obliged to furnish the FD account details held in Maharashtra as Banks are supposed to maintain the Unique Customer ID assigned to the depositor for IT purpose. While filing IT returns since your PAN is unique irrespective of location, it is mandatory that both these addresses need to be mentioned in the Account opening form. That is why as per RBI guidelines banks have allocated to columns separately each for Temporary and Permanent addresses. Please be guided accordingly

malipeddi jaggarao (Expert) 08 December 2010
If the two deposits are in the same bank better to get the previous deposit transferred to present place. If they are different banks, there is nothing wrong if you submit 15-G to two banks with different addresses as recorded with them. But it is always better to request for change of address.

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