15 g in case of company
This query is : Resolved
25 September 2011
Can a company obtain 15G in case it wants to receive its income without tax deduction at source...
Please do answer my query soon.....
Please do answer my query soon.....
26 September 2011
Declaration in Form 15G is furnished under Section 197A.
Section 197A provides the facility of non-deduction of TDS only to an individual.
Therefore, a company cannot submit Form 15G.
Section 197A provides the facility of non-deduction of TDS only to an individual.
Therefore, a company cannot submit Form 15G.
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27 September 2011
It means proprietor in case of proprietorship firm, partners in case of partnership firm and individual directors in case of a company.....Am i right in saying that???
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28 September 2011
An individual who his earning the income can submit Form 15G.
A partner can submit Form 15G for HIS income and not for the income earned by his firm
Similarly, a director can submit Form 15G for HIS income and not the income earned by the Company in which he is director.
A partner can submit Form 15G for HIS income and not for the income earned by his firm
Similarly, a director can submit Form 15G for HIS income and not the income earned by the Company in which he is director.
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29 September 2011
Thank u so much for this detailed clarification.....
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