Actually I was writing in rush due to long post, so whatever figures were there in front of me, I pasted. Normally 10L FD @7.3 RoI compunds at 7.5%. Rs.75000-10%= Rs.67500. But if tax in Nil you will get this 7500 back next year if 15G/H not present in bank cust ID.
My excel file with formulas has two different tables, one is without TDS and other one with TDS. So I took figure of <with TDS> after 4 quarters.
But I hpe you get the idea that anything above 40K/50K attracts TDS without 15G/H. If you fall under taxable limits like me, take this TDS as advance tax payment.
