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Tds on fd

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2013 Dear Experts

1) Mr. X, 30Age is having taxable income from salaries. suppose 260000/- for FY 2013-14

2) Interest income 2800/- on FD

3) And Mr. X is eligible for decutions u/s 80c for Rs. 22000/-

Whether he is required to submit FORM15G to bank or not? (To avoid TDS from bank)

Please advise
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Arun Biyani

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Arun Biyani (Expert)
09 October 2013 No.. TDS will not be deductible if interest is less than 10,000..

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