I am a male, aged 22 yrs, resident of india...I want to avoid bank, from deducting tax, on payment of interest on my Fixed Deposit, for the FY 11-12.The interest amt for FY 11-12 is Rs 11000/-.My total Income is Nil for FY 10-11 and FY 11-12.
25 February 2011
Your age being 22, form 15G may be submitted to bank in duplicate.. Also copy of your PAN card just to save tax deduction at higher rate prescribed u/s 206AA of the IT Act,1961.
CAclubindia
