Friends, It is perfect time to submit Form 15G or 15H in banks or financial institution for non deduction of TDS on interest etc. With the help of these forms, investor can stop deduction of TDS for the Financial Year 2014-2015 (Assessment Year 2015-2016).
Who can submit form 15G or 15H
The person who have taxable income in particular financial year Less than Taxable limit can available benefit of these forms. Senior citizen (Age => 60 years) will use Form H to avail benefit of non-deduction of TDS.
Download form 15G or 15H (Word Format)
To know AO area code, type , ward etc which is required in Form 15G or 15H (Click here)
A investor or a person who have any deposit in Bank should also submit these forms to avoid further deduction of TDS in the Financial Year 2015-16 or Assessment Year 2016-17.