I got Interest from Deposits in the assment year 13-14 For which there was TDS ..But i Submitted Form 15G . I was minor ..Now Can I file my return and claim interest deducted for the F.y.2012-13..?
Abhishek Birla (4 Points)
20 January 2016I got Interest from Deposits in the assment year 13-14 For which there was TDS ..But i Submitted Form 15G . I was minor ..Now Can I file my return and claim interest deducted for the F.y.2012-13..?
Ruchi
(CA)
(1410 Points)
Replied 08 February 2016
When you were minor, your income had to be clubbed with your parents' income who could have claimed the tds also therein. Now on becoming major, you cannot file return by including the income of the previous periods when you were minor in your current income. Nor you can file return of previous years by including the interest income in your hands because it was not taxable in your hands but your parents'. Hence, you cannot.
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