Check sibling questions

In this case bank will deduct TDS @ 10%under 194A. If interest amount is more than 10000.

 

Person can file ITR and claim refund of the same

Example 1

Suppose a person as FD of 5 lac @8% p.a for 6 months

Whether TDS is applicable 

View Answer

 

Example 2

Can the person submit 15G form 

View Answer

Example 3

Suppose a person does not have any other income and he fails to submit 15G form, can he claim refund 

View Answer

 

Example 4

Suppose a person has salary income of 15000 per month + interest income on FD. He does not have any other income and he fails to submit 15G form, can he claim refund 

View Answer

 

Davneet Singh's photo - Teacher, Engineer, Marketer

Article by

Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.