URGENT

This query is : Resolved

Prakash Singh Suneja (Querist)
Follow

23 July 2010 if form 15 G/H given than the interest received by the assessee has to declare interest in the ITR and whether it is taxable or not????

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

23 July 2010 Interest has to be offered for taxation irrespective of whether 15G/H has been given or not.

srinath

srinath (Expert)
Follow

23 July 2010 Form 15G/H does not make the interest non-taxable. it just helps the assessee not to get the tax deducted at source

Nitin

Nitin (Expert)
Follow

23 July 2010 Yes ,both the things are altogether different.Yes ,it may happen that still your tax due is Nil due to exemption limit as per IT slabs but this form will not make the income itself as non taxable.

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

cgagroshg cgagroshg

Shailesh Prajapati

Ravi

ramesh kumar

Ashif Cheenikkal

Subscribe Now

URGENT

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA