Submission of form-15g & 15h


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 February 2018 Sir,
I would like to be clear Who should submit Form -15G and Form -15H & why it is submitted .

Sudhir Saha

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.


Avatar

Querist : Anonymous

Profile Image
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




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries