co-oprative banks paid interest to customer rs. 10000 without deducting tds on dated 15/**/2014,
and recieved 15G fron customer on dated 30/**/2014.
whats will be the consequences of such type of activity.
thanks
co-oprative banks paid interest to customer rs. 10000 without deducting tds on dated 15/**/2014,
and recieved 15G fron customer on dated 30/**/2014.
whats will be the consequences of such type of activity.
thanks
No consequences
Time period of submission of form 15g/h is in the statrting of fiscal year.
15g/h is to be filled up if interest exceeds 10000 But in your case interst is not exceeding 10000 so no consequences.
Time period of submission of form 15g/h is in the statrting of fiscal year.
15g/h is to be filled up if interest exceeds 10000 But in your case interst is not exceeding 10000 so no consequences.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
