TDS Form 15G


(Guest)

Assessee: Individual

Occupation : Medical professional

Is it possible to Give Form 15 G to the Bank and claim Nil deduction of TDS if the assessee already has a other income from profession which is taxable.

Subsequently when the income is received it is offered for taxation at the normal rates for an individual. The problem arises due to non receipt of certificate from the bank on the due dates of payment of advance tax thus assessee end up paying a little more amount of tax.