if interest is paid to an individual on unsecured loan on monthly basis. He wish to submit form 15g/h to avoid Tds. Do he need to submit form 15g/h quarterly or annually ?? plz guide ....
Replies (2)
Quick Summary
This discussion clarifies the submission frequency for Form 15G/H when an individual receives monthly interest payments on an unsecured loan. The consensus is that Form 15G/H should be submitted annually to avoid Tax Deducted at Source (TDS).