Form 15G is applicable to other than Firm and Companies u/s 197 of Income Tax Act. A Charitable Trust registerd as AOP. Bank are not accepting the form whether this is correct on the part of Bank.
Neelam lahoty (student) (52 Points)
20 March 2015Form 15G is applicable to other than Firm and Companies u/s 197 of Income Tax Act. A Charitable Trust registerd as AOP. Bank are not accepting the form whether this is correct on the part of Bank.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 20 March 2015
Neelam,
You are correct. The stand taken by the bank is invalid. You should discuss the matter with the branch manager. If not sorted out, there are other options available to the AOP for resolution of grievance.
Do come back in the Forum (or email me) about what happens.
Regards,
Neelam lahoty
(student)
(52 Points)
Replied 21 March 2015
Thank you Sir for your reply. I'll take the action and reply you back
Neelam lahoty
(student)
(52 Points)
Replied 21 March 2015
Thank you Sir for your reply. will take the action and reply you back.