15g form submitted bymistake even if total income is taxable

Hello Amit Ji,

You have submitted the form 15G for the assessment year 2014-15, for tax deducted during March 2014.

Well in my opinion, as you said that you had Nsc for Rs. 300,000 on which you are getting Rs.27000 as interest. So your total taxable income will be Rs. 257,000 less Rs. 27000 (exempt income) less you will deduction of Rs. 73,000 (u/s 80C) total of Rs.100,000. So your net taxable income will be Rs. 157,000 which is under the no tax slab.

So no mistake has occured while filing form 15G.

Thanking You

just withdraw form 15 G thats it if bank does not do so than pay advance tax before 31/03/2015 or pay self assessment tax after 31/03/2015 

now you decide what to do