19 January 2009
My father has invested in Bank FD.He has not informed to the bank regarding TDS deduction on interest in time (Form 15 H). He has submitted the Form 15 H recently but by the time the bank has already deducted TDS. How i can recover it from bank. Please suggest the alternatives.
19 January 2009
You cannt recover the TDS from the bank as TDS onces paid it is credited ddircctly to the Central Government account.You can cliam refund from the tax you have to pay .
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