Tds on interest

Ramesh (Audit Manager) (111 Points)

27 December 2012  

Hi guys,

 

Can you explain me how the banks will deduct tds on interest on fixed deposits in both cases ( if PAN card submited & PAN card not submited) , and if we didn't submit the PAN card and now if we submit i.e. after deducting TDS on interest, how can we get the refund of amount of TDS deducted

 

Thanks & Regards:

D.Ramesh

CA student ( articleship trainee)