Form 15h Forms and Templates

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Questions & answers

If your income is below the taxable cap, you can claim FD interest, by filing Form 15G if you are a regular citizen, or else you can submit Form 15H to your concerned bank if you are a senior citizen. These forms must be submitted at the beginning of the applicable fiscal or financial year.
Form 15H can be submitted by senior citizens even if the interest income is more than basic tax exemption limit , provided that the taxable income (after deductions) is below the exemption limit.
Follow below mentioned steps:Account holder to login internet banking www.onlinesbi.com.Under \u201ce-services\u201d select > Submit form 15G/H option as applicable to you.Select 15G if you are below 60 years and 15H if above 60 years.Select the CIF number and click on submit.More items•Mar 28, 2022
Form 15H is a self-declaration that may be submitted by senior citizen aged 60 years or above to reduce TDS (tax deducted at source) burden on interest earned from fixed deposits (FD) and recurring deposits (RD) investments.
Form 15H is solely for senior citizens, that is, individuals who are at least 60 years of age. Since these forms are valid for only one financial year, eligible individuals wanting to claim TDS deductions on investment interest have to submit it on every financial year.
State Bank of India (SBI) savings account holders can submit Form 15G and Form 15H online using internet banking facility. The Central Board of Direct Taxes (CBDT) had allowed the Form 15G/Form 15H submitted by taxpayers for 2019-20 to remain valid till 30 June 2020.
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