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Form 15g

This query is : Resolved 
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24 July 2013 what are the consequences for not submitting form 15g to the income tax dept...
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
24 July 2013 The payer of income will/will have to deduct
TDS. Non deduction of TDS attracts penalty provisions and disallowance of the expense.

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