15G form for HUF with Kartha being a senior citizen
This query is : Resolved
19 March 2020
Sir
Along with an individual IT PAN, I also have an HUF IT PAN. Till last year, I used to submit form 15G for my HUF PAN on the SBI site, because my HUF income has been below the taxable limit.
However, I have become a senior citizen on 01-08-2019. Now when I attempt to submit form 15G on SBI site for my HUF tax account, the system does not allow me.
SBI officials told me that if Kartha is a senior citizen, one cannot submit form 15G for HUF tax account.
The only option available is to pay the tax through TDS and then claim refund through submission of IT return.
Is this argument correct ? Kindly enlighten me on the issue. I shall be grateful.
Anil P Vijapure
[Cell : 9372412121]
[Email : anil.vijapure@gmail.com]
Along with an individual IT PAN, I also have an HUF IT PAN. Till last year, I used to submit form 15G for my HUF PAN on the SBI site, because my HUF income has been below the taxable limit.
However, I have become a senior citizen on 01-08-2019. Now when I attempt to submit form 15G on SBI site for my HUF tax account, the system does not allow me.
SBI officials told me that if Kartha is a senior citizen, one cannot submit form 15G for HUF tax account.
The only option available is to pay the tax through TDS and then claim refund through submission of IT return.
Is this argument correct ? Kindly enlighten me on the issue. I shall be grateful.
Anil P Vijapure
[Cell : 9372412121]
[Email : anil.vijapure@gmail.com]
19 March 2020
For senior citizens you may submit form 15H instead of form 15G
25 May 2020
You have to use Form 15H which is for senior citizens only.
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