14 February 2018
1. 15 G, for a person less than 60 years of age, for no deduction of income tax.
2. 15 H, for a person more than 60 years of age, for no deduction of income tax.
3, Other conditions- + Person's status for income tax purpose should be 'resident in India' + Income tax on his estimated total income should be Nil.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
09 July 2018
Sir, I am a senior citizen having gross total income of Rs. 3,95,000 /- and after rebate u/s 80 C my taxable income stands at (3,95000 - 1,50,000 = ) Rs. 2,45000 /- . Can I submit Form 15 H ? Is it punishable if Form-15 H is submitted ? Sudhir Saha