15 H form.in bank

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If you're unable to submit Form 15H to your bank to avoid TDS on your Fixed Deposits due to the current curfew, don't worry. While TDS may have already been deducted, your previously submitted Form 15G/15H for FY 2019-20 remains valid until June 30, 2020. The best course of action is to wait for the lockdown to end, submit the form then, and claim any deducted TDS back by filing your Income Tax Return (ITR).

Vaneet Monga

Vaneet Monga (Querist)

04 April 2020 Sir, I have two FDR in bank. I need to filed the 15 H form in bank to non deduction of TDS but as you know that curfew is going on so please provide your advice in how we can save tax
Thank you

CA Suresh Jain

CA Suresh Jain (Expert)

04 April 2020 The TDS must have already been deducted. Please check your FD account on line.

CA Suresh Jain

CA Suresh Jain (Expert)

05 April 2020 As per order u/s. 119 issued by CBDT on 3rd April the form 15G/15H already submitted by the depositor for FY 2019-20 shall continue to be valid till 30.06.2020

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CA PARAS BAFNA

CA PARAS BAFNA (Expert)

07 April 2020 In this abnormal situation the only remedy is to wait and watch till the lock down opens and submit the FORM.
TDS can be claimed back as refund by filing ITR.

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