31 January 2014
Please note Form 15G is for the individuals below the age of sixty years and whose total income during the year does not exceed the Basic Exemption Limit (Rs.2 Lakhs). If the interest income credited during the financial year exceeds Rs.2 Lakhs, you cannot submit 15G. 15G has to be submitted every year. Once 15G is submitted no TDS will be deducted.
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