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Delayed in submission of 15 G form

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(Querist)
10 April 2016 It has been delayed in submission of 15G form to IT department ,what will remedy for that any penalties to be payable?? if payable thn it's to be paid as per deductor or deductee ???
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Amol S Joglekar

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Amol S Joglekar (Expert)
10 April 2016 Normally, the income tax department does not react strictly in such a cases.

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