Form 15H eligibility

My mother, age 66, has interest income less than 5 lakhs after deductions under 80C and 80TTB.
However, in addition, she also has dividend income which is uncertain, but going by past years history, may make her liable to tax.
Can she submit Form 15H for FY2021-2022?

Hi @vivek25

Generally, If your expected total income for your mother including the dividends is not taxable, you can submit Form 15H to the Banks /Post office, requesting them not to deduct the TDS from her interest income.

As dividends are uncertain you can still submit the form to the bank and later if the income exceeds the basic exemption limit due to dividends, you can pay the applicable taxes later.

Hope this helps!