Form 15G Non deduction of TDS

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26 Points Posted on 06 August 2024

I am earning interest from Bill discounting platform. My Total Interest earning is 437000 projected durin gfinancial year 2024-25. I have submitted Form 15G to the Bil Discounter, I dont have any other source of Income. Please let me know whether I am eligible for Non-Deduction of TDS @ 10% from my Interest Income

Thanks

Regards

Mahesh SV

 

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On 06 August 2024 at 12:51 Report
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SEO Sai Gr. Hosp.
121388 Points Posted on 06 August 2024

No. You are not eligible, as your gross interest income exceeds BEL.

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On 06 August 2024 at 13:17

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