Question ID :
44450
082701
A resident individual has interest income less than Rs 250000-
but has income from business and total income is around 495000- After rebate u/87A Tax will be Nil
Whether he can give Form 15G to deductor for nondeduction of TDS on interest
Posted by
Mahesh Kumar
on
Mar 25, 2023
Filed Under
DIRECT TAXES
Yes, he is eligible to file form 15G.
Posted by
B.CHACKRAPANI WARRIER on
Mar 27, 2023
Answer ID :
83965
Yes. As interest earned is less than threshold limit and total tax liability is nil, he is eligible to file Form 15G.
Posted by
CA. chunauti dholakia on
Mar 28, 2023
Answer ID :
85047
No
Posted by
CA. MADHAVAN S on
Jun 02, 2023