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Issue ID: 120814
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form 15g or 15h or form 121 for bank purposes

Date 14 Mar 2026
Replies 1 Reply
Views 1551 Views
Form 15G/15H declarations prevent TDS on bank interest when eligibility is met; submit a separate declaration to each bank.
Non deduction of TDS on bank interest requires submission of Form 15G (non senior individuals) or Form 15H (senior individuals) certifying that total income warrants nil tax liability; the relevant form must be submitted separately to each bank holding interest bearing deposits. Form 12B is inapplicable to bank interest TDS. (AI Summary)

sir,

A person two banks amount deposit in TDS some amounts

question:

a person TDS not deducted Form 15G,15H or Form 121 applicable for bank submit purposes

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