tds on interest


This query is : Resolved 

26 March 2008 if the sperson is senior citizen and no other income other than interest of rs 55000/- then whether bank is required to get the tds dedicted or bank accept the form 15h?

26 March 2008 bank will accept form 15 H or otherwise take no deduction certificate from A.O.

27 March 2008 Yes. Jitender is correct

27 March 2008 Form 15H is enough

27 March 2008 GIVE FORM 15H TO BANK

27 March 2008 FOR SENIOR CITIZENS A DECLARATION IN FORM 15 H
AND FOR OTHERS FORM 15 G ARE TAKEN BY BANKS IN ORDER NOT TO DEDUCT TDS.
R.V.RAO

01 April 2008 All are correct.


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