02 April 2009
If a woman (Age 56) is having the income from house property as the only source of Income. The rent is Recd Rs. 17940/- p.m. after TDS of Rs. 2060/-.
So my query is can she give the declaration in Form 15 G to the deductor for not to deduct the TDS.
02 April 2009
You cannot give form 15g but the other alternate is you can apply in form no.13 to the jurisdictional assessing officer and giving the particulars as required inform 13. The Ao will scruitise the same and issue a certificate to the deductor not to deduct tds or to deduct at a lower rate.
03 April 2009
http://incometaxindia.gov.in/forms/13.pdf
This is the link to download form 13 which is AN APPLICATION BY A PERSON FOR A CERTIFICATE UNDER SECTION 197 OF THE INCOME TAX ACT 1961 FOR NO DEDUCTION OF TAX OR DEDUCTION OF TAX AT A LOWER RATE.