TDS deducted but not credited to Govt
5 years ago
I had 4 fixed deposit accounts at United Bank of India in from 2011-2015 against which PAN details were not submitted as they were not compulsory back then. The bank had deducted TDS for 4 years against such accounts and didnt credit to Govt. Neither was I informed about it. It was only after receiving the maturity value in 2015 that I realised that TDS had been deducted. I immediately wrote a letter to the then Branch manager requesting her to either refund the TDS or credit to Govt. My PAN details were also submitted along with the letter. The manager assured me that the matter will be taken care of. However no action has been taken since then. I again raised the issue this year through banking ombudsman. The present branch manager requested me to again submit my details in writing so that they can setup the KYC. Regretfully, no action was taken this time as well even after the setup of requisite KYC. I have mailed to the banking ombudsman quite a few times but received no reply from their end as well. Can I recover my lost TDS in any way? As per my knowledge, the money might be in the miscallaneous accounts of the bank.
VIMAL K MISHRA
Responded 5 years ago
Nirmal Chopra
Responded 5 years ago
Rajender Prasad
Responded 5 years ago
Prithvi Raj Sikka Advocate
Managing Partner
Law Juris
Deepak Yashwantrao Bade
Responded 5 years ago
Rameshwar Dadhe
Responded 5 years ago