Form 15g/h

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 January 2016 Is it possible for an Resident individual to submit Form 15G/H to a charitable trust from whom the assesse receives an interest income and for which the Trust is charging TDS for the Interest portion exceeding Rs.5,000.
Thanks in advance

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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25 January 2016 If your income is less than Rs.250000/- than you can give 15 G if applicant is less than 60 years and 15H for if you are more than 60 years ( 300000 if less than 80 Years ) , above 80 years Rs.500000/-

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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25 January 2016 Yes, possible to give form 15G/H.

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Amol S Joglekar

Amol S Joglekar (Expert)
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25 January 2016 if the Charitable Trust is responsible for paying to a resident individual any income by way of interest other than income by way of interest on securities...... the form 15G/H as the case may be, can be submitted.

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