02 November 2022
Form 15G is a declaration under sub-sections (1) and (1A) of section 197A of the Income Tax Act of 1961, to be made by an individual (not being a company or firm) claiming certain receipts without the deduction of tax. It can be submitted by Resident individuals below the age of 60 years or by a Hindu Undivided Family (HUF), but companies are not eligible for form 15G.