16 April 2008
1) Should the company which collects Forms 15G and 15H submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected
OR
one should submit the FORMS COLLECTED itself in physical form?
2)IF form itself is submited in physical form, does the company have to submit BOTH the forms collected to the IT department
OR
the company keeps one and submits the other to IT department?
3)When is the last date for submission of the forms/details to IT department?
4)Please confirm Whether :
Form 15H is for interest OTHER THAN INTEREST ON SECURITIES receivable BY SENIOR CITIZENS
and
Form 15 G is for INTEREST ON SECURITIES BY ALL including senior citizen.
16 April 2008
15 G is interest other than interest on securities not including senior citizen for senior citizen form is 15H it is submitted before 31st march every year to the income tax department by company if you keep one copy it self it is not mandatory
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