Interest on fd
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 March 2014
I want to submit 15 G for FD interest in the bank so that bank do not deduct TDS as the income is less than the taxable slab rate. But the person for whom I want to submit 15 G is 59 yrs of age & in the month of April he will turn 60 i.e. Senior citizen. So now my question is whether I should wait for him to turn to 60 & submit 15 H or I submit 15 G as of now so that bank stop deducting TDS from FD interest. Please suggest appropriate answers.
26 March 2014
15H shall be applicable only for next financial year...for current FY 2013-14, 15G shall continue.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Sale of goods to the purchasing party
- OLD REGIM AND NEW REGIM
- Resignation of auditor and appointment and cfss
- FORM 10BB/10B REQUIRED OR NOT
- Partner retired
- SCARP SALES - GST INVOICE & GST APPLICABILITY
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- RELATED TO TRIBUNAL APPEAL
- Sec 44ada applicable only or both
- Compulsory aqisation of Agriculture & Non Agriculture land are taxable or not ?
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
