The account holder a senior citizen deposited Rs 3,50,000 in canara bank FD on 24/07/2008....the FD is for 3 years.He went to the bank today to close the FD but the bank has deducted TDS for all the 3 years even though he has submitted his pan card details and form 15G(i think thats the form )....the bank is saying he can get refund from the tax department only for the 3rd year....the previous year he should have submitted his pan card info but didnt so he cant get the refund for the first and second year..... but the guy has given his pan card details and filled form 15g to the bank when he opened the FD account itself.....also his income is less than Rs 2,00,000/ year so can he get the TDS refund for the first and second year of his deposit?
Experts please advice....thank you.