submission of form 15g

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Hi sir,

My brother had made an fd which is matured after 8yrs.His earning is below basic limit,now the bank is ready to deduct tds asking pan from my brother.If at all the bank wants to deduct tds will it deduct on entire matured amt or (on difrnc b/w matured amt & principle amt).can he submit form 15g even after deduction of tds.Thanks in advance...
Replies (1)

15G SUMMITED FOR NOT TO DEDUCT OF TDS 

IT SHOLD SUMMITED BEFORE TDS DEDUCTION 

NOT AFTER DUDUCTION OF TDS  IT`S OF NO USE 
 

 

 

 

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