Harpreet (Others) (24 Points)
20 May 2013I am salaried employee in private sector with annual salary is Rs.96000.I have an FD totalling to Rs. 160000 and interest rate is 8.5%.My Imterest amount exceeds Rs.10000 and TDS is applied on Interest Amount.Is there a way to Avoid TDS deduction?? Can I fill form 15 g to avoid TDS deduction?? Is employee proof is needed for this form??
Ishan kewlani
(Article)
(172 Points)
Replied 20 May 2013
U can fill form 15G & give it to bank. No proof required. It is a self declaration form.
sonijohn
(auditor)
(53 Points)
Replied 22 May 2013
U can fill form 15G(15H if you are senior citzn) & give it to bank.you should have a pan card
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