Form 15g

108 views 3 replies
User Avatar

Manager - Genesis Tax Consultant
531 Points Joined March 2018

Hi Sir,

If a person having a CTC of 3 Lakhs and Interest Income of 20,000/-. TDS deducted on Interest Income. Can he be eligible to claim 15G?

Also please clarify,

An individual having CTC of 10 Lakh, resigned his job, whether is he eligible to claim 15G? 

Under what situation he can and he cannot claim for 15G.? 

0 Reply Share Follow
On 12 June 2018 at 21:59 Report
Replies (3)
User Avatar

Accountant
3479 Points Joined August 2014
No, he can't avail benefit of Form 15G due to his income above Basic Exemption Limit I.e. 2,50,000 per annum
Reply
On 12 June 2018 at 22:07
User Avatar

"Do the Right Thing...!!!"
128111 Points Joined January 2015
@ Mr. Krishna.,

please go to refer this link you can get some clarity about the Form 15G...


https://cleartax.in/s/form-15g-and-15h-to-save-tds-on-interest-income
Reply
On 13 June 2018 at 07:59
User Avatar

Manager - Genesis Tax Consultant
531 Points Joined March 2018

Sir,

Thank you for the informtion.

 

Reply
On 13 June 2018 at 11:02


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading