22 July 2014
Dear All, my father in law deposited 2.5Lac F.D. in my Wife a/c my father in law's income is income from aggricaluter income what is process for tds exemption tell me in detail my wife have no pan no. f.d. date is 04.07.2014, thanks in advance
22 July 2014
Apply for PAN no of your wife and submit the same to bank otherwise 20% TDS will be deducted from you instead of 10% and also you wont be able to take credit of TDS. So apply for PAN and submit the same immediately.
CAclubindia
