Form 15g/15h

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Sagar Doshi (Querist)
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13 May 2013 Sir, if any one didn't have PAN and give Form 15G/15H and along with that he give Form 60/61 in place of PAN card copy then can he take the benefit of non deduction of TDS? or the bank will be liable for deduction of tax in such case?

Guest

Guest (Expert)

13 May 2013 Pan is mandatory to avail the benefit of Form 15G/H

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Sagar Doshi

Sagar Doshi (Querist)
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14 May 2013 Ok thank you.

Sagar Doshi

Sagar Doshi (Querist)
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22 May 2013 helo Mr. Ashish Barthwal this is to inform u regarding new update that PAN Card Copy is mandatory for Form 15g/15h but if individual is not having income above taxable limit then he may not compulsorily require to give PAN card copy as per the decision of Karnataka High Court for further referance visit this link:-
https://www.taxalertindia.com/2012/06/no-higher-tds-if-no-pan-and-income-is.html

Guest

Guest (Expert)

22 May 2013 Thanks Sagar doshi ji for your concern.

I made reply on the basis what India Law , i.e. income tax act contains about your query, the law is still the same which I stated, the court just made a verdict, the decision can not change the law.

Moreover, you have wrongly interpreted the case,
The Actual Case is on ""No TDS at 20% under Sec 206AA if PAN is not furnished and income is below taxable limit – Karnataka HC""

And your query is on "" whether PAN is mandatory to avail the benefit of 15G/H""

Hence, both the things are different.
Hope i clear your view now.

And thanks once again for your concern.

Sagar Doshi

Sagar Doshi (Querist)
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26 May 2013 ya thank you Ashish barthwal ji actually I understand your explaination on my query & i just wanted to share this Karnataka HC verdict to you.

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