15 G form submitted in bank

Dear Sir my annual income is Rs. 245000/- I have sumbited 1 form 15 G in sbi bank and 2nd in HDFC but due to some mistake annual income mention 45000 instead of 245000 please advise to me can we face any problem from it department? can I withrawl fd from bank or any solution
Please guide
Replies (3)
Quick Summary
A user mistakenly entered their annual income as Rs. 45,000 instead of Rs. 2,45,000 on two Form 15G submissions to SBI and HDFC banks. They are concerned about potential problems with the Income Tax Department and whether they can withdraw their Fixed Deposits. While there's no provision to revise Form 15G, the advice given is to take no action as their income is below the taxable limit, and to respond with evidence if contacted by the department. Withdrawing and re-depositing the FD is also suggested as a potential solution.

No provisions have been specified in the IT act for revision or cancellation of Form 15H. As a way forward, I would suggest you not to do anything since your total income during the year is less than the basic exemption limit chargeable to tax.

In case you receive any communication from department, you can contend before them by placing an argument and necessary evidences.
Sir Can I withrawl fd from bank and make the same for after some time then please suggest
Pls keep it as it is
.
iIn case u hv rapport with the bank official.
You can rectify him substantiating the same.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details