15 g & 15 h
This query is : Resolved
06 October 2014
i want ro invest in FIXED deposit amount RS 500000 in national bank for five years . how can i exempted from tds ? my yearly income is less than taxable limit? my age is 28 years ?
Nikhil Kaushik
(Expert)
07 October 2014
make deposits not exceeding Rs 1 lakh with 5 different banks and residual amount with another bank.
alternatively, submit Form 15G to one bank and deposit all the money with it.
alternatively, submit Form 15G to one bank and deposit all the money with it.
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