Tds on interest income of deceased account
Querist : Anonymous
1. Can Bank Deduct TDS on Interest earned and being paid to me?
2. If TDS is deducted than TDS Certificate should be in whose name i.e. my father or me?
3. My Gross Income including from my all sources Plus Interest Income from Father’s Fixed Deposits will be below the Taxable limit. In the circumstances can I submit Form 15G for not deducting TDS on Interest Income?
2. TDS certificate is to issued in u r father's name.
3.u r not eligible to submit form 15G and after deduction of TDS u need to submit ITR of u r father as representative and can claim the Refund of Tax if u r father doesn't have any other income.
Querist : Anonymous
4. Can I submit 15G on behalf of my deceased father for non TDS?
Querist : Anonymous
4. Can I submit 15G on behalf of my deceased father for non TDS?
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