Sec 197A Rule 29C

This query is : Resolved 

12 April 2009 What happens if Form 15G is filed with Chief Commissioner of Income Tax after the due date due to valid reasons ? What is the time limit if the interest is already paid on 31/03/2009 without deducting TDS ?

12 April 2009 payer of the income is required to deliver to CIT one copy of 15G/H on or before 7th day of month, next following the month in which he receives the same
penalty for the same is u/s 272A(2) which is Rs 100 for every day during which default continues...but shall not exceed amount of tax deductible...

13 April 2009 Thanks Devanshi for your reply. YOu seem to be having a fairly good idea about I Tax. Keep it up.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details