https://www.taxtmi.com/article/detailed?id=9887 Form 15G/15H must be assessed by reference to the declarant's estimated total income as computed under the Income-tax Act after allowable deductions and exempt income; banks should not reject declarations solely because gross interest receipts exceed perceived thresholds, since eligibility depends on taxable income (post-deductions and exemptions) and rebate or regime choices, and wrongful rejection may lead to improper TDS and unnecessary refund filings. en-us Tue, 06 Jul 2021 11:56:09 +0530 Tue, 06 Jul 2021 11:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9887 Form 15G/15H must be assessed by reference to the declarant's estimated total income as computed under the Income-tax Act after allowable deductions and exempt income; banks should not reject declarations solely because gross interest receipts exceed perceived thresholds, since eligibility depends on taxable income (post-deductions and exemptions) and rebate or regime choices, and wrongful rejection may lead to improper TDS and unnecessary refund filings. Articles Income Tax Tue, 06 Jul 2021 11:56:09 +0530 https://www.taxtmi.com/article/detailed?id=9887