Form Applicable

This query is : Resolved 

24 February 2011 Dear Sir,

I am a male, aged 22 yrs, resident of india...I want to avoid bank, from deducting tax, on payment of interest on my Fixed Deposit, for the FY 11-12.The interest amt for FY 11-12 is Rs 11000/-.My total Income is Nil for FY 10-11 and FY 11-12.

Should i submit Form 15G or Form 15H?

Kindly Help....

24 February 2011 Hi,
form 15H is to be submitted

25 February 2011 Your age being 22, form 15G may be submitted to bank in duplicate.. Also copy of your PAN card just to save tax deduction at higher rate prescribed u/s 206AA of the IT Act,1961.

26 February 2011 THank u very much sir.....


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