Poonawalla fincorp
Poonawalla fincorp

Tds on fixed deposit

This query is : Resolved 

06 July 2019 Dear Sir / Madam,
I kept fixed deposit in co op bank in my father name and my joint name as either or survivor for senior citizen benefit but bank deduct tds on my father pan number I told deduct tds on my pan is it possible as per income tax rule please give advice me.

Thanking You

06 July 2019 In case of joint account you can request the banker in writing to deduct tds in your name it's permitted as per income tax rules.

06 July 2019 THANK YOU SIR FOR YOUR ADVICE




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