Question ID :
44978
Nondeduction declaration for FY 2026-27
An individual has to give Form 121 to a business owner (Prop)
for nondeduction of TDS on interest Amount 9Lacs
whether it willbe filed by Proprietor or Individual who does not want to get TDS deducted
Posted by
Mahesh Kumar
on
Apr 09, 2026
Filed Under
Direct Taxes
Since Interes amount is more than the basic exemption limit, so the form is not valid.
Posted by
CA. SATISH CHAND GARG on
Apr 09, 2026