TDS certificates in the name of the deceased depositor is not in accordance with law: CBDT notification on TDS on interest on deposits made under the Capital Gains Accounts Scheme, 1988

TDS certificates in the name of the deceased depositor is not in accordance with law: CBDT notification on TDS on interest on deposits made under the Capital Gains Accounts Scheme, 1988: the banks are deducting TDS on the interest earned on such deposits in the hand of the deceased depositor and issuing. TDS certificates in the name of the deceased depositor, which is not in accordance with the law.