Form 15H/15G

Dear Experts,

I have filed the ITR of my father who is a senior citizen, his income is less than 2lac PA. When I submit form 15H online for FY 20-21by mistake Select option No in place of Yes in the section  "Whether assessed to tax" and submitted. 

So, is this should be corrected from Bank or not to worry if ITR will be filed correctly. ? 

Replies (2)
Quick Summary
This discussion addresses common queries regarding Form 15H and 15G for senior citizens and individuals with income below the taxable threshold. It clarifies the implications of incorrectly submitting Form 15H and whether it needs correction by the bank, especially when an Income Tax Return (ITR) is filed. It also explains the eligibility for submitting Form 15G when total income is below the exemption limit, even if interest income exceeds the threshold.

So such there is no need to worry...
Dear Experts,
I have not filed any ITR but my interest amount is above 40,000/- from FD but my total income is less than exemption limit of tax, can I submit form 15G if No then Why ?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details