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Submission of form 15g

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2015 Is submission of Form 15G compulsory before April 7th of the Financial Year?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 February 2015 yes but usually they ask by 31st march every year....
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2015 what if we dont submit?
a company has not deducted tds bcoz of submission of 15g by the party.Later it was known that 15G was not submitted to the respective Commissioner. So will this expenditure be disallowed?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 February 2015 yes it will disallowed as where tds is applicable and not deducted then no exp is allowed
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