Can I Submit Form 15g

Hi there!

I am a male below 65 years of age.

This is a query for submission of Form 15g to bank

Tax Paid for FY 09-10 Rs.150/-

For FY 10-11:

Estimated Income - from Salary Rs.165000

Estimated Interest Income from Bank Rs.65000/-

80 C Investment Rs.100000/-

Therefore total Income is 130000/-

Can I submit Form 15 G to the bank - to not deduct tds for FY10-11? My accounts officer says you cannot submit, while a friend of mine says you can submit