Reg.t.d.s deduction unnecessary and refusal in cooperation to claim losses
Amit
(Querist) 01 April 2013
This query is : Resolved
Hi
i hav a fix deposit a/c with 1 of the banks at my hometown...its jointly operated by 3 family members namely the first being my grandmother being 60 plus in age terms..pan no.is provided with..none of the 3 is amongst income group and the interest income is below 10000 p.a.
now to secure my f.d...i annualy submit 15h form every year in april....i even take receipt of it frm officer every year...
every nw and then they demand my grandmother to be present at bank...they demand signature to b declared evidently in front of them...and she is not keeping well to run according to the demands of the bank every now and then...
the tax got deductd automaticaly last april 12 and the bank officials were neither entertaining our claims,nor were they showing us the tax return register or providing uS with the t.d.s certificate and interest certificate so that we cud claim the same...moreover the manager is also not cooperating...they suggest us to fill up i.t return every year....even whn no income is generatd.....eventualy they took 1 whole month to calculate the t.d.s and provide us and thereaftr i was abl to claim my return...
the ques.is
its same month of april and they myt again do the same thing....what shud i do as the officer is very aggresive and starts quarelling every now and then regarding any doubt of mine....
r they suggesting ryt to us regarding filing i.t return .....if yes....which form shud b filed with for claims of no income group......&& if no.....what shud i do......
plz help
H.M.Patnaik
(Expert) 01 April 2013
In light of the circumstances noted above,it would be proper to let a local tax consultant handle the issue with your bank.
As understood from your query none of the three joint holders of the F.D. in question have earned annual income exceeding the threshold limit prescribed under the Income tax Act for imposition of tax and in such an event , none of you are liable to file Income tax Return.
