Form 15g/h & i.t.return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 July 2013 Can we file return for the AY for which we have already given Form 15G/H ? or is it possible to allow one source of income to deduct TAX & to issue Form 15G/H to others?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

03 July 2013 You can give Form 15G/15H, when your gross total income does not exceed the taxable limit. You can file return.
.
If you have wrongly signed and issued Form 15G/15H, still your tax liability remains pending and you have to pay tax for which you are liable.
.
15G/15H can be issued to all or can not be issued to all.
.

Message likes : 1 times

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