TDS on Your Salary, Rent and FD: How to Get It Back

Banks cut 10% TDS on FD interest above Rs 50,000 (Rs 1 lakh for seniors) from FY 2025-26

Tenants paying over Rs 50,000 a month must deduct 2% TDS once a year via Form 26QC

TDS is only a prepayment; the only way to get excess back is by filing an ITR

From FY 2026-27 a single Form 121 replaces both Form 15G and Form 15H

Match Form 26AS and AIS before filing; refund hits your linked bank account after e-verification

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