Form 15G, Form 15H to Save TDS on Interest Income
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Form 15G, Form 15H to Save TDS on Interest Income
Forms 15G and 15H : Find out What is Form 15G and Form 15H? and who can submit Form 15G and 15H, know how to use form 15g for pf withdrawal and save TDS on epf withdrawal
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You need to know this ! Form 15G and Form 15H are self-declaration forms that an individual submits to the bank requesting not to deduct TDS on interest income as their income is below the basic exemption limit. FORM 15G : Resident Individual or HUF or trust or any other assessee but not a company or a firm with age less than 60 years FORM 15H : Resident individual aged 60 years or more i.e. Senior citizen. If you've Fixed Deposit in banks then this rule will save your money TDS ON FD, TAX ON FD
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