Form 15 g
This query is : Resolved
09 November 2011
Can Form 15 G be given to a company where a person is working under a contract and his total income does not exceed the threshold exemption limit? because unecessary that person will have to file a return and take refund.
As far as i have read the replies by expert it relates to bank interest.
Regards
As far as i have read the replies by expert it relates to bank interest.
Regards
09 November 2011
15G can not be used for the Contractual Income.
It can be used only for interest, dividend other than 115-O Dividend, interest on securities , deposits or loans, income from
Units etc.
He may obtained a certificate from ITO for lower Deduction or no Deduction as referred to in Section 197.
It can be used only for interest, dividend other than 115-O Dividend, interest on securities , deposits or loans, income from
Units etc.
He may obtained a certificate from ITO for lower Deduction or no Deduction as referred to in Section 197.
09 November 2011
he may take a certificate from ITO regarding no deduction of tds as his income doesnot exceeds the threshold limit.
10 November 2011
Thank you Sirs for your immediate response.
Regards
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
