FORM 15G
This query is : Resolved
19 August 2010
DEAR SIR
I AM RECEIVED AS INTEREST OF RS. 150000/- ON ADVANCES AND I ALSO RECEIVED AS SALARY INCOME RS. 72000 /- MY TOTAL INCOME IS RS. 222000/- AND I HAVE 80C DEDUCTIONS RS. 80000/- HENCE MY TAXABLE INCOME IS RS. 142000. MY QUERY IS I AM ISSUED FORM 15G TO MY DEBTOR FOR NO TDS DEDUCTION ON INTEREST
PLEASE TELL
THANKS IN ADVANCE
I AM RECEIVED AS INTEREST OF RS. 150000/- ON ADVANCES AND I ALSO RECEIVED AS SALARY INCOME RS. 72000 /- MY TOTAL INCOME IS RS. 222000/- AND I HAVE 80C DEDUCTIONS RS. 80000/- HENCE MY TAXABLE INCOME IS RS. 142000. MY QUERY IS I AM ISSUED FORM 15G TO MY DEBTOR FOR NO TDS DEDUCTION ON INTEREST
PLEASE TELL
THANKS IN ADVANCE
CA Sanat Pyne
(Expert)
19 August 2010
• Form 15G is to be submitted for reciept of interest on fixed deposit without tds.
Message likes :
1 times
19 August 2010
Since the interest income does not exceed the minimum amount which is not chargeable to income tax, there is no harm in issuing 15G.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
