Dear Friends,
I request for your expert opinion and guidance on the following matter:
One of my close relative, a housewife made two TDRs with SBI for Rs 4.5 lacs and Rs 1 lac respectively. The due date of the both TDRS is 23rd July. the maturity value of both will be around Rs 7.5 lacs. The lady has no other income, so she is not required to fle ITR and that's why on a wrong perception she had not obtained PAN. Recently the bank send an e mail to her to submit form 15G. When she went to bank, she came to know that already about Rs 30,000/- has been deducted as TDS for FY 2008-09 t0 2010-11. She could not digest it. Of course, she should have taken PAN but being an ordinary housewife she had no knowledge about it. She has now taken PAN but is teher any method by which she can get the refund of TDS already deducted for past years. the banks says that since she had not given PAN so the bank can not issue TDS certifcates for deduction.
i shall be grateful for a prompt reply.
Thanks & Regards
P.C. Joshi
CAclubindia
