It is the statutory duty of bank deducting TDS to issue you the certificate in Form 16A. These certificates are issued on quarterly basis and contains all the information relating to your interest income and tds. Alternatively, the details of TDS deducted by bank can be traced in your Form 26AS. You can download your Form 26AS from Income Tax Department’s e-filing portal.
You can find the steps to download your Form 26AS by reading our guide here.
Sometimes, even after providing your PAN details, bank may deduct TDS @ 20% from your account due to mistake from the bank. Your PAN details might be missing from their database or incorrect PAN information has been linked with your account.
Don’t worry if bank has deducted excess TDS. You can do the following things to rectify this: