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Form 15g/h & i.t.return

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Querist : Anonymous

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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?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
03 July 2013 You can give Form 15G/15H, when your gross total income does not exceed the taxable limit. You can file return.
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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.
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15G/15H can be issued to all or can not be issued to all.
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