27 May 2013
You are not eligible to submit form 15G because your income from interest exceeds basic exemption limit,
see following condtions
Form 15G can be submitted by non-senior citizens i.e. individuals who are less than 60 years of age and who satisfy both the criteria’s mentioned below:-
1. The final tax on his estimated total income computed as per the provisions of the Income Tax Act should be nil
2. The aggregate of the interest & other incomes received during the financial year should not exceed the basic exemption limit as per the prevalent Income Tax Slabs
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