Failure to submit 15H and 15G Form

Interest on FD = 500000*8%*6/12= 20000

Since it is more than 10000 bank will deduct TDS @ 10%

Yes, If he does not have any other income. He can submit 15G form

Also, If he has other income but is total income is less than income tax slab rate (Rs 250000),Then also he can submit 15G form

In this case bank will deduct TDS @ 10%under 194A.

20000*10%=2000

Person can file ITR and clean refund of this 2000

Note:-

He can fill ITR 1 Form for the same.

In this case bank will deduct TDS @ 10%under 194A.

20000*10%=2000

Person can file ITR and clean refund of this 2000