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Compliance×Fiduciary
July 2013S. No. ActEventFrequencyPeriodForm
Applicable
DateMonthlyJun13Challan no. 2817Jul13MonthlyJun13Form 15G, 15H7Jul13MonthlyJun13Form 27C7Jul13Form 24Q15Jul13Form : 26Q15Jul13Form
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How to fill out form 15g 15h
How to fill out form 15g 15h
01
To fill out Form 15G, follow these steps:
02
Provide your name, address, and PAN (Permanent Account Number).
03
Tick the applicable section based on your age and residential status.
04
Mention the previous assessment year for which the declaration is being made.
05
Declare the estimated total income for the relevant assessment year.
06
Declare the estimated total income for which the declaration is being made.
07
Sign and date the form.
08
To fill out Form 15H, follow these steps:
09
Provide your name, address, and PAN.
10
Tick the applicable section based on your age and residential status.
11
Mention the previous assessment year for which the declaration is being made.
12
Declare the estimated total income for the relevant assessment year.
13
Declare the estimated total income for which the declaration is being made.
14
Sign and date the form.
Who needs form 15g 15h?
01
Form 15G and 15H are required by individuals and HUFs (Hindu Undivided Families) who want to avoid TDS (Tax Deducted at Source) on their income.
02
Form 15G is for individuals below the age of 60, and Form 15H is for individuals who are 60 years or above during the financial year.
03
It is needed when the total interest income for the financial year is less than the basic exemption limit and no tax is payable on it.
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What is form 15g 15h?
Form 15G and Form 15H are self-declaration forms that can be submitted by individuals to ensure that no TDS is deducted from their income if their total income is below the taxable limit.
Who is required to file form 15g 15h?
Individuals whose income is below the taxable limit are required to file Form 15G or Form 15H to avoid TDS deduction.
How to fill out form 15g 15h?
Form 15G and Form 15H can be filled out by providing personal and income details, along with the nature of income and previous year's tax details.
What is the purpose of form 15g 15h?
The purpose of Form 15G and Form 15H is to prevent unnecessary tax deduction at source for individuals whose income falls below the taxable limit.
What information must be reported on form 15g 15h?
Information such as personal details, income details, tax details of the previous year, and nature of income must be reported on Form 15G and Form 15H.
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