Form 15g

This query is : Open

CA Ankith Jain (Querist)
Follow

24 July 2018 Suppose a proprietor, who is liable for audit u/s 44AB, gives Rs. 50,000 to brother as interest and no TDS was deducted. And the brother’s income is less than Rs.250,000.Can his brother submit form 15g to the proprietor?

C.A. Mayur J. Raiyani

C.A. Mayur J. Raiyani (Expert)
Follow

25 July 2018 first off all Form 15G/H and Form 13 must have assent from the Assessing officer. It's not like that you your self prepare these forms and submit to the payer. Alternatively if your brother's ITR has been filed before due date then you can take certificate from CA [Form 26A]

C.A. Mayur J. Raiyani

C.A. Mayur J. Raiyani (Expert)
Follow

C.A. Mayur J. Raiyani

C.A. Mayur J. Raiyani (Expert)
Follow

CA Ankith Jain

CA Ankith Jain (Querist)
Follow

25 July 2018 Yes sir, we will surely submit form 15G to commissioner, but will form 15G is applicable in this my case also or only for banks?

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

CA Archana R

Deepak Nayak

Krishnamohan Gangaraju

Shameem ahmed

Konijarala prasad

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