09 March 2017
Dear sir.
my father is 80years old and her fixed deposit will be deposite on next 2 month..so my question is my father is in senior super citizen so now in income tax any liability on this . and TDs will be cut or not what is the process...and what is 15g or 15h
09 March 2017
Form 15 G or H is declaration furnished by assassee for Nil deduction of Tax Above 60 years 15 H is applicable, 15 G is applicable below 60 years .
If your Father complete 80 years by 31 March 2017 than he will eligible super senior citizen benefits.
CAclubindia
