COURT DEPOSIT TAXATION?
M.RAJA.
(Querist) 21 May 2011
This query is : Resolved
Respected sir,
my father died in road accident in the year 2005.so we got compensation via court.but my sister is minor she is only 13years old.so my sister share is deposited in the bank via court my sister amount is under the control of the court.
my question is,
1.whether she needs PANCARD and 15Gform for taxdeduction.or it is execption for tax deduction.
2.my sister amount is deposited in the bank with low interest rate7.5%.whether we have the rights to change the bank who give highrate of interest?
what is the procedure for changing the bank?how many days it takes place?
regards,
M.RAJA.M.Sc.,
Guest
(Expert) 22 May 2011
Repeated question. Already replied.
Guest
(Expert) 22 May 2011
KINDLY SEARCH THE FORUM FOR THE REPLIES ALREADY ANSWERED LIKE QUESTION
Guest
(Expert) 23 May 2011
Mr. Ganesan,
The author is posting his questions repeatedly in a bid just to get answer from some, who can post answer to his own liking, where he can operate the account by sidelining the court.
