I HAD FILED FORM 15G WITH MY BANK, SO THAT THEY DO NOT DEDUCT ANY TDS, AS I ESTIMATED THAT MY INCOME WOULD NOT CROSS THE BASIC EXEMPTION LIMIT.. BUT NOW MY INCOME IS LIKELY TO CROSS THE BASIC EXEMPTION LIMIT. SO IS IT NECESSARY TO SHOW THAT MY INCOME HAS NOT CROSSED THE BASIC EXEMPTION LIMIT ONCE I HAVE FILED FORM 15 G
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Form 15g
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Since you have submited form 15G, IF now your income cross basic exemption limit then you should calculate tax liability and file return accordingly thats it. No need to declare to bank for this year.
Thks Deepak
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