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Form 15 g

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Querist : Anonymous (Querist)
10 December 2015 Remedy to escape the penalty arise due to wrong declaration of form that income is less than exemption limit but income become taxable aftr that
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CA CS Jainam Shah

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CA CS Jainam Shah (Expert)
10 December 2015 If your income estimates increase in the middle of the financial year after you submit the forms, you will have to submit a 15G withdrawal application to the bank mentioning the correct particulars and reason of change.
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