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TDS on interest payable on 8% RBI Savings Bonds
by vandana dalvi on Apr 28, 2007 10:46 AM

I understand that the finance bill 2007 introduced deduction of tax on interest payable on 85 RBI Savings BONDS. My total income is below taxable level and I earn interest on 8 % RBI savings Bonds. Is there any provision of filing form 15g/h for avoiding deduction of tax at source.

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The above message is part of the Discussion Board:
All these incomes are tax-free