CAN A SENIOR CITIZEN GIVE FORM 15 H TO A PARTNERSHIP FIRM WHICH ACCOUNT IS TO BE AUDITED
TOTAL INCOME OF SR CITUZEN IS RS.2 LAC FOR THE YEAR INCLUDING THE INTEREST OF ABOVE LOAN.
THERE THE FIRM IS LIABLE TO DEDUCT TDS ON THE INTEREST .
I WANT TO KNOW THAT* CAN SENIOR CITIZEN GIVE FORM 15 H TO THE FIRM FOR NOT DEDUCT TDS ??
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FORM 15 H OF INCOME TAX
Replies (1)
No.You can't submit 15H to partnership firm..
15H is generally applicable to banks,FI, post office etc.
15H is generally applicable to banks,FI, post office etc.
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