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Form 15h

TDS / TCS 393 views 2 replies

I furnished 15H to bank for my FDs and hence no TDS was done and the bank has not given me form 16A..At the end of the F.Y.11-12    I have noticed that my pension and interest income has marginally crossed the limit of 250000..What should I do for filing my  IT  return before 31st July 2012?

Replies (2)
No problem, just calculate your tax liability and pay tax assuming there is no tds provision in income tax.
You submitted form 15H that's why bank didn't deducted tds, hence can't issue form 16A, now you have to calculate tax on all income and pay.


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