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Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income

27 Sept 2026 · 27 Sept 2026Source: LiveMint — Money

Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Here’s who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.

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