TDS of 20% is deducted from my fixed deposit interests because I didnt file for income tax. Please let me know how to get refund of income tax ?
Tax on Fixed Deposit
Satyen Rohit
Guidance on 20% TDS Deduction for Fixed Deposit Interest: Provide PAN to Bank and Revise Tax Return for Refund. An individual inquired about a 20% TDS deduction on fixed deposit interest due to not filing income tax returns and sought advice on obtaining a refund. One response suggested providing the bank with a PAN to request a TDS revision for a refund. Another response confirmed that revising the tax return is necessary. (AI Summary)