1.Is, the Bank which has received form 15G/15H from its customers, required to submit it to IT Deptt ? If yes, what is the procedure, frequency & form ?
08 June 2011
One copy of the form 15G /H has to be forwarded by the bank to the Chief Commissioner / Commissioner of income tax on or before the seventh day of the month next following the month in which the declaration is furnished to the bank.
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