https://www.taxtmi.com/article/detailed?id=1946 Rule 29C permits furnishing Form 15G or Form 15H in duplicate to request no TDS on interest; banks and post offices record the form and pay interest without deduction. Incorrect filing can attract payment of interest on tax due and penalties. Form 15G is for non senior citizens whose estimated final tax is nil and whose aggregate interest does not exceed the basic exemption limit; Form 15H is for senior citizens. The forms must be filed annually, preferably at the financial year start to avoid interim TDS and refund procedures. en-us Mon, 12 Nov 2012 22:15:08 +0530 Wed, 11 Feb 2026 15:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1946 Rule 29C permits furnishing Form 15G or Form 15H in duplicate to request no TDS on interest; banks and post offices record the form and pay interest without deduction. Incorrect filing can attract payment of interest on tax due and penalties. Form 15G is for non senior citizens whose estimated final tax is nil and whose aggregate interest does not exceed the basic exemption limit; Form 15H is for senior citizens. The forms must be filed annually, preferably at the financial year start to avoid interim TDS and refund procedures. Articles Income Tax Mon, 12 Nov 2012 22:15:08 +0530 https://www.taxtmi.com/article/detailed?id=1946