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TDS ON INTEREST

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(Querist)
22 February 2008 Dear Sir,

One of my cleient(Individual) having more than one FD with Scheduled Bank and which are yielding interst for Rs 5500, Rs 6800 and RS 8900 .

In this situation, Banker tryed to deduct tax at source for Interest amount to Rs 8900.

He don't have any other source of income ,what are the remedied available to him . Is submission of Form No 15 H enough or not?
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
22 February 2008 SUBMISSION OF FORM 15H IS SUFFICIENT.
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CA. Kirti S. Ganatra

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CA. Kirti S. Ganatra (Expert)
22 February 2008 Yes on 15H submission there will be no tax
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CA S Sundararajan

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CA S Sundararajan (Querist)
03 March 2008 thank you very much sir

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