tds

Form 15G: Tax Declaration for Non-Deduction

How to submit Form 15G to avoid TDS on interest when total income is below taxable limit.

GetYourCA Team
1 March 2025·Updated 9 April 20261 min read12.5K views

Form 15G: Tax Declaration for Non-Deduction

What is Form 15G?#

Self-declaration to avoid TDS on interest.

When to Use?#

  • Total income below taxable limit
  • Interest from bank/POST office
  • No tax liability

Who Can Submit?#

  • Individual below 60 years
  • HUF

Not for#

  • Senior citizens (use Form 15H)

Submission#

  • Submit to bank/Post Office
  • Each financial year
  • Before interest payment

Conclusion#

Form 15G prevents TDS on low income.

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GetYourCA Team

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Disclaimer

We have taken utmost care to research and write this article for your information. However, tax laws are complex and subject to frequent changes. This article is for general guidance only and should not be considered professional advice. Individual circumstances vary significantly — what works for one person may not apply to another.

Before making any tax-related decisions, we strongly recommend consulting with a qualified Chartered Accountant or tax professional who can assess your specific situation. We do not accept any liability for decisions made based on this information.

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