POSTED BY August 27, 2014 10:21 am ONE COMMENTON
I’ve a big issue & need immediate assistance.
* I opened a FD account for 2 lacs on 29.08.2013 & the same due to mature this 29.08.2014.
* After a year when i checked with AM of the bank, she told Rs. 2213 has been deducted on 26.03.2014 – exactly 5 months back for non-submission of 15G & PAN – )i.e) 20% deduction.
* I’ve zero liability tax with my office & all docs were properly submitted last year.
* Also, i don earn more than Rs. 10k int on SB a/c with any bank.
This happens to be a huge loss for me. Can anyone spend some time with kindness and suggest the detailed procedure to recover the entire deduction.
As i am new to this recovery processes, a detailed note wuld assist much.
DA, pls suggest asap.