15h if interest above rs. 3 lakhs?

Anitya ( ) (287 Points)

20 April 2019  

Good Evening Members

Please help me on following query:-

Estimated Interest on FDR for AY 2020-21 for a senior citizen is Rs. 3.40 lakhs. Her estimated Net Income for AY 2020-21 will be 2.80 lakhs. Can she give 15H for AY 2020-21 to the bank for non-deduction of tax on interest?

Thanks