Fixed deposit

This query is : Resolved 

29 December 2014 i wanted to invest Rs 400000 in fixed deposit in national bank. plz tell me how to avoid the tds on fixed deposit interest income. my income is below the income tax slab rate .

29 December 2014 Submit Form 15G (Form 15H in case of senior citizen) in the bank. You can get this form in the bank itself. This you will have to submit every year in case you income is below the limit in future too.

29 December 2014 is there any other option where i put money

29 December 2014 PPF is another safer option.

29 December 2014 is business man can open ppf account

29 December 2014 Business man can open PPF but for his personal savings and not for profit of the business

29 December 2014 yes business man or any man or HUF can open the PPF a/c

06 November 2021 No. HUF cannot open PPF account.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details