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Form 15G and Tds under section 194H
can a person furnish form 15G for commission income taxable under section 194H
Replies (2)
No , one can not furnish 15G for commission income under section 194H , please refer section 197A (1A) of the income tax act 1961.
No, 15G cannot be furnished for commission income as per IT ACT. 15G is declared for non deduction of TDS for interest income from bank
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