Tds on bank fixed deposit

Hi

You can submit form 15G to bank for non deduction of TDS.

U/s 194 A if Int on bank Deposits exceeds Rs. 10K TDS willl be attracted @ 10%, however if you submit For 15G, bank should not deduct TDS.

Rgds//Vaibhav

No there is no such circular. If your income is below taxable limit then you can submit 15G/15H. 

I support Gupta Ji.