tips to avoid income tax

whenever one makes a fixed deposit in bank or elsewhere , pl.remember to submit form 15G if you ARE NOT A SENIOR CITIZEN.
If you are a senoior citizen,remember to sumbmit form 15H.
THESE FORMS need to be submitted in duplicate once at the time of making a deposit and again in every year April to be on safe side.
on submission of these forms income tax will not be deducted from the interest income.otherwise one stands to lose interest income through income tax.
in case income tax is deducted by banks /others from the interest income for whatever reason ,one has to file income tax return and claim the refund by submitting the TDS certificate provided by the deductor of income tax.