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<h1>Indian Residents Can Avoid TDS on Interest and Dividends with Section 197A Declaration Forms 15F, 15G, 15H.</h1> Section 197A of the Income-tax Act, introduced by the Finance Act of 1982, allows Indian residents with an estimated total income below the taxable limit to receive interest on securities, dividends, and other interest without tax deduction at source. This is achieved by submitting a declaration in prescribed forms (15F, 15G, or 15H) to the payer. The provision applies only to individuals, not Hindu undivided families or other taxpayers. The declaration must be submitted to the person responsible for payment, and only one declaration per year is required per payer. This facility is additional to existing provisions under sections 193, 194, and 194A.