Form 15g & 15h

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sanjeev (Querist)
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27 December 2011 I have a Non-Taxable Income & also Interest on F.D does not exceeds Rs 10000 in a financial year.
So, I wants to know whether i have to file Form 15G in above case.
Also, When i am going to file Form 15G

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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27 December 2011 Since the interest on FDR is less than Rs. 10,000/- the bank is not required to deduct TDS.

Accordingly you are not required to submit Form 15G.

However, for knowledge purpose Form 15G should be submitted in advance before 30th April.

This is so because TDS is deducted on monthly basis.