refund

Querist : Anonymous (Querist) 10 March 2010 This query is : Resolved
SIR I AM HAVING TWO FIX DEPOSITS AMOUNTING RS 30,000/- AS TAX SAVER DEPOSIT IN PUNJAB NATIONAL BANK NOW I WANT TO BREAK THE DEPOSIT SO THAT I COULD GET PROPER TREATMENT OF MY DIABATIC FOOT WHAT SHOULD I DO.

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A V Vishal (Expert) 10 March 2010
You will lose the benefit of tax savings and the amount will be added to your income on premature withdrawal of the deposit/s. Further, as per Government notification, no premature withdrawal is allowed for the Tax-Saver FD.

Kumar Thadhani (Expert) 10 March 2010
You will lose that much of tax in tne current year when such as to ask for premature of such deposit and the same shall be added back to your income inthe year when such amount of fixed deposit premature amount is paid.

Raj Kumar Makkad (Expert) 10 March 2010
The opinion of experts is accurate.

Guest (Expert) 10 March 2010
I do agree with experts

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