LawRato

Unlawful deduction of FD interest as TDS by a Nationalized Bank


20-Jul-2023 (In Consumer Court Law)
Dear sir, I have submitted form 15 H for last F.Y 16-17 in April-16 and also submit  current F.Y on april-17 for F.Y.17-18 and  A.Y. 18-19  i have proof (15H copy) of submitting however deduct fd interest as tds saying that submite form 15 H each and when FD renew in a year. My FD renew in mayand other in june-17 and not withdraw it is renew and tds deducted in about 40 days. So pls. Needful against mischief and fraud with me by sbi branch. Should I go to consumer foram? 
Answers (1)

Answer #1
605 votes
In this case you can send them a legal notice stating your demands and concerns. If they do not comply with the terms of the notice, then you can file a civil suit for the recovery of your money. However you can also file a complaint in the police station under section 420 of IPC.
Helpful? LawRato LawRato

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."