Form 15G

This query is : Resolved

CA. Jyoti Baid (Querist)
Follow

03 June 2009 Hello

CAN DECLARATION IN FORM NO. 15G BE FILED BY A PRACTICING CS REGARDING HIS TOTAL INCOME SO THAT TDS U/S.194J BE NOT DEDUCTED BY THE CLIENT FROM THE PROFESSIONAL FEES TO BE PAID TO THE PCS.

THE ESTIMATED TOTAL INCOME OF PCS IS BELOW TAXABLE LIMIT

REGARDS

CA.BHARAT BHUSHAN

CA.BHARAT BHUSHAN (Expert)
Follow

03 June 2009 No, Form 15G is declaration for not to deduct
TDS fron Interest Income only. Hence, it cannot be used for professional fee

Manoj Mhatre

Manoj Mhatre (Expert)
Follow

04 June 2009 Form No.15G is only for non-deduction of tds on interest income.

if you don't want to deduct tds on your income then you have apply for your assessing officer alongwith your last 3 years income tax return stating that your tds liability is lower than TDS deduction. so according to details submitted by you, assessing officer will issue a certificate to you for non deduction or lower deduction of tds, which you have to produced to your party, who is deducting your TDS.

i hope this will meet your requirement

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vignesh Pai

Vinod Patil

Suranjan Das

Shantaveeresh Manur

Jayanti Visani

Subscribe Now

Form 15G

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA