LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sudhir Gadkari (Tech Services Executive)     27 May 2022

Not closing bank jt fd a/c after the demise of 1st holder

I have a Jt FD A/c with my wife in a nationalised bank. After the demise of my wife, the bank has informed me not to close the A/c till maturity. Though the quarterely interest on the FD is credited to my SB A/c regularly. I am paying income tax on this interest every year. As my wife is the 1st holder, TDS is deducted on the interest. So I am paying double tax on this interest. Please suggest me the solution.


 2 Replies

Diksha kesarwani   27 May 2022

do you want to file a case ?? tell the high court you belong

G.L.N. Prasad (Retired employee.)     27 May 2022

Issue a notice to the bank to preclose the deposit immediately, they are bound to close the same.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Start a New Discussion Unreplied Threads

Popular Discussion

view more »

Post a Suggestion for LCI Team
Post a Legal Query