Form 15H Axis Bank - Summary
This page provides information about the Axis Bank Form 15H, a crucial application for senior citizens looking to save on Tax Deducted at Source (TDS). This useful form can be easily downloaded in PDF format from the link provided below or collected from your nearest Axis Bank branch.
What is Form 15H?
Form 15H is a self-declaration form specifically designed for individuals above 60 years of age. It helps them save on TDS for the interest income they earn from fixed deposits. By submitting the Axis Bank Form 15H, senior citizens can either avoid or lower the TDS deduction on their fixed deposit interest earnings.
When to Submit Form 15H?
It is important for fixed deposit holders to submit Form 15H at the start of each financial year to the respective financial institution, such as a bank. This helps in preventing TDS (tax deducted at source) on the interest income earned throughout the financial year.
Taxpayers can submit Form 15H starting from the first week of July 2020. For the period from 1st April 2021 to 30th June 2021, the forms submitted for the financial year 2021-22 will serve as valid proof to ensure that TDS is not deducted.
Download the Axis Bank Form 15H in PDF format using the link given below for your convenience, or use an alternative link for quick access.
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