Submission of form-15g

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2018 Sir,
I am a senior citizen having gross total income of Rs. 3,95,000 /- and after rebate u/s 80 C my taxable income stands at (3,95000 - 1,50,000 = ) Rs. 2,45000 /- . Can I submit Form 15 H ? Is it punishable if Form-15 H is submitted ? Sudhir Saha


09 July 2018 Yes, Form 15H can be submitted if age is more than 60 years and tax calculated on total income is nil.


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