[Resolved] State Bank of India Branch Barnala — Complaint for tds deduction. | |
I have Saving account no.[protected] with state bank of india Barnala Branch, i have opened a FDR A/C NO.[protected] for Rs. 150000/- on 05.09.08 with this branch, bank has deducted TDS on31.03.09 of Rs. 948(920 tds +28 cess) .As per income tax act u/s194A tds on interest (other than interest on securities) is required to be deducted only when amount of interest exceeds Rs. 10000/- during a financial year and so upto 31.03.09, when we calculate interest from 05.09.08 to 31.03.09 on 150000/- @10.5% we works out less than 10000/-, but still they deducted the tds on this amount. Neither they informed me about deduction of tds nor they have issued me tds certificate, on 05.09.09 on date of maturity of FD when i know that tds was deducted i got shot because i have already filed income return. Now i request to refund my amonut of tds deducted from SBI through my saving account, because there was no need to deduct the tds Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
1 Comment | |
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hello, the bnl. bank of india called me, talked very polietely, he may be a manager who talked to me vry polietly, i will talk to them directly may be tomorrow.thanx for ur support nd for such a fast action. if any problem reoccur i will talk to u again thanxxx
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