[Resolved]  Karur Vysya Bank — senior citizen tds and 15h form

Address:

rajkot, 360005

I have savings account with rajkot branch. And i have few fd in my wife s name and she is senior citizen. As per income tax laws if your income is less than rs 50000 in ayear tds is not to cut and you are not supposed to fill 15h form. But bank is sending me emails and sms to submit 15h form urgently before 31 st march for next year. How can they ask to fill form for next year? Income is rs 38000 per year. Every year they are asking to submit form in first week of april. Bank is not aware of the rules laid by income tax dept.