17 December 2019
Hello, FY 2017-18 interest paid 192000 against form 15G, so i did not deduct tds. And by mistake I did not present 15G... Now what should I do regarding this...nd how much penalty would to give.
26 May 2020
As per section 197A(2) The person responsible for paying any income of the nature for which the declaration is made in form 15G/15H shall deliver or cause to be delivered to the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner one copy of the declaration form 15G/15H on or before the seventh day of the month next following the month in which the declaration is furnished to him.
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