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Income tax

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28 June 2016 I AM SENIOR CITIZEN AGED OF 65YRS AND INTEREST INCOME ON FDR IS RS 450000/-YEARLY & AFTER DEDCUTION OF PPF & MEDICALIM MY TAXABLE INCOME IS RS 280000/- FOR AY 2017-18.

WHETHER I CAN SUBMIT FORM 15H FOR NON DEDUCTION OF TAX AT SOURCE OR NOT SINCE MY GROSS INCOME IS ABOVE BASIC EXEMPTION LIMIT PL ADVISE

28 June 2016 no, your total income will below the exempt limit . ie Rs. 300000/-



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