How do I submit Form 15G or 15H to avoid TDS on my bond interest?

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1

I’m looking to avoid the 10% TDS on bond interest. Can someone walk me through how to submit Form 15G or 15H before buying the bond?

4

Hey! So Form 15G or 15H is a way to avoid TDS if your total taxable income is below the threshold. Here is what you need to do.

First, double-check if the issuer accepts Form 15G or 15H submissions. Not every issuer is on board with it.

Once that is sorted, fill out the form and send it to the debenture trustee. Make sure you CC the registrar and issuer. You will find their email IDs in the termsheet.

Also send us the form at BondScanner support so we can help process it.

Heads up: submitting the form can help you avoid the 10% TDS but it does not guarantee acceptance. Always double-check with a tax professional just to be sure.