Query regarding tds deduction.


This query is : Resolved 

23 February 2018 Sir, I have a recurring deposit account in bank for 84 months. Monthly installment is Rs. 1500 per month. I was paid First installment of Rs. 1500 as on 09/02/2012. since after I am not paid any installment in such account. Bank gives me rs. 1063 as a interest on the account from 09/02/2012 to till date. But now bank officers ask me for form 15G/H.
Sir, my total interest is not go above 10000 as on 31/03/2018. I done inquiry in bank. bank officers told me that your payable interest up to 31/03/2018 will go above rs 10000. please suggest can i really need to give form 15G/H.

23 February 2018 If your total income, including bank and RD interest, do not exceed
Rs. 2,50,000 / Rs. 3,00,000, no harm in giving 15G /15H.


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