Tds on term deposit

how to calculate tds in fdr in banking. if v add 15g or h. how can v exempt from.tds or which amount is taxable tell me briefly
Replies (1)

Tax is deducted u/s 194A on interest income if it exceeds Rs. 10,000

In form 15 G & H ,you have to give declaration of your income and stating nil tax

Refer the forms for more details

Form 15G

Form 15H , Declaration under Form 15H can be made only by Senior citizen

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