Hai!!
As per rules of the income tax act, if the assesee received Form 15G/H from the party, assesse obligated to submit the form to the Income Tax department - before the end of financial year or before first payment of Interest..........which ever is earlier.... if the assesee not submitted the form with in that duedate......what are the consequencies?
Than it may be attract penalty of interest of tax payable..
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