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This document serves as a certification and notice for the termination of registration under Section 12(g) of the Securities Exchange Act of 1934 for Atlantic City Electric Company.
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How to fill out FORM 15
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What is FORM 15?
FORM 15 is a declaration form used for individuals and entities to claim exemption from tax withholding on specified types of income, particularly in relation to interest earned on deposits.
Who is required to file FORM 15?
Individuals or entities that receive income such as interest from banks or financial institutions and wish to avoid tax deduction at source (TDS) may be required to file FORM 15, provided they meet certain income criteria.
How to fill out FORM 15?
To fill out FORM 15, one must provide personal details including name, address, and PAN, along with details of the income to be received. The form must then be submitted to the payer, typically the bank or financial institution.
What is the purpose of FORM 15?
The purpose of FORM 15 is to allow individuals and entities to declare that their total income is below the taxable limit, thus requesting that no TDS be deducted from their income.
What information must be reported on FORM 15?
FORM 15 requires reporting of personal identification details such as name, address, and PAN, details of the income for which exemption is requested, and a declaration stating the income is below the taxable threshold.
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