I am an Income Tax payer and paid I-tax during last financial year to the tune of Rs.25966.00 .I was an employee also till Dec,2012 and used to get Form 16 filled up and issued by Employer which certified my payment to LIC for son and wife ,Mediclaim premium for family, college fees for son etc. in Form 16 which I submitted on-line and accepted.
I am no longer employed but continue to pay LIC premiums for son and wife, Mediclaim premium for family and Varistha Mediclaim for self. I have fixed deposits in Bank through I earn an amount of Rs. 2,72,000.00 which is my only source of earning. I don’t receive Pension.
PSU Bank where my Fixed Deposits are concentrated are deducting I-Tax @ 10% of Interest earned and for last three quarters they have deducted Rs.20,800.00 as TDS and will be deducting another Rs.6,927.00 in the final quarter.
I am filing my I-Tax return on-line to CPC,Bengaluru and this year I prefer to do the same myself.
My queries are as follows:
• I have Form16A from the Bank from where TDS have been deposited but not Form16. How do I get certification for LIC premium payment and Medi-claim Premium payment for family
• For claim of refund am I to fill up any other Form and if yes, please specify.
• How quickly can I get the refund?
I AM A.SENIOR CITIZEN.
I am no longer employed but continue to pay LIC premiums for son and wife, Mediclaim premium for family and Varistha Mediclaim for self. I have fixed deposits in Bank through I earn an amount of Rs. 2,72,000.00 which is my only source of earning. I don’t receive Pension.
PSU Bank where my Fixed Deposits are concentrated are deducting I-Tax @ 10% of Interest earned and for last three quarters they have deducted Rs.20,800.00 as TDS and will be deducting another Rs.6,927.00 in the final quarter.
I am filing my I-Tax return on-line to CPC,Bengaluru and this year I prefer to do the same myself.
My queries are as follows:
• I have Form16A from the Bank from where TDS have been deposited but not Form16. How do I get certification for LIC premium payment and Medi-claim Premium payment for family
• For claim of refund am I to fill up any other Form and if yes, please specify.
• How quickly can I get the refund?
I AM A.SENIOR CITIZEN.