15G form

This query is : Resolved 

22 July 2010 Dear Experts,
I have invested some money in Partnership Firm,the income i am receiving by way of interest is less than exemption limit Rs 160000. TDS is been deducted on the interest. Can i give 15G form to the firm and ask them not to deduct TDS...??

I heard 15G is applicable only to banks.

22 July 2010 Yes you can give form 15G to the partnership firm. Schedule 111 of the form may be, particularly, filled up and may be filed in duplicate.



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