Form 15G and Form 15H
Form 15G and Form 15H Form 15G or 15H has to be submitted by fixed deposit holders at the start of a financial year to the relevant financial entity like a bank. This is done to avoid TDS (tax deducted at source) on the interest income earned. Conditions you must fulfill to submit Form 15G: You are an individual or HUF or trust or any other assessee but not a company or a firm. Only Resident Indians can apply. Such person should be less than 60 years old Tax calculated on ...