Regarding 15g submission

I think you should submit it in the begining of the year because they need to deduct TDS every time the interest is due so it will be better if you deposit it in the start.

Point number 16 you have to mention the total amount of interest that you are going to earn from bank.

Point number 17 means your total income including this bank interest and point number 19 means you need to mention that it is interest from bank TDS section under which it's TDS is deducted and the amount.

No submitting form 15G will ensure everything but even then at the end of the year do check your form 26AS to check if someone deducted your TDS.

Your interest income should be below 250000.

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1) File it before the credit of first interest. It is better to file it at the time of opening of FD.

2) Now a days, banks provide the online facility to submit Form 15G. You can also submit the hard copy.

- In point 16- You need to mention the income for which you are submitting this form i.e. FD interest should be reported in this column.

- In Point 17 - You total income including point no. 16 income of the financial year for which you will submit the form.

- In point 19 - Give the details of FD's with the bank.

Dear Sir,

Hope you are doing well !!

1. You should file the 15G at the time of opening FD.

2. You can file and submit the form 15G online.

Please find below the replies point wise:

1. Estimated income for which declaration is made – sum of income on which TDS should not be deducted i.e. Bank interest
2. Estimated total income of the previous year in which income mentioned in column 16 to be included – Calculate your total income from all sources, salary, stipend, interest income, any other income that you have earned during the year

    19. Provide fixed deposit account number , amount and other details related to FDs.

Hi

1. It should be done before first credit of interest. It's better to submit at the beginning if the FY or FD opening date, whichever is earlier.

2.

16- estimate interest income in the FY from such FD

17- total income of the FY including interest income

19- details of FD