banner_ad

Form 15G Uses

Others 275 views 4 replies
User Avatar

2 Points Posted on 21 October 2019
Is form 15G only used for no deduction of TDS u/s 194A ?
0 Reply Share Follow
On 21 October 2019 at 13:04 Report
Replies (4)
User Avatar

306 Points Posted on 21 October 2019
Yes that's correct...
if a person income is below exemption limit he gives form 15G to the person paying interest to him so that no TDS is deducted on interest..
Reply
On 21 October 2019 at 13:21
User Avatar

17264 Points Posted on 23 October 2019
When you submit Form 15G or 15H to a bank or a tenant, they will not deduct TDS from the amount payable to you in the form of interest or rent, provided that the amount payable is below the tax threshold.
TDS under 194A and 194I
Reply
On 23 October 2019 at 14:44
User Avatar

14 Points Posted on 09 April 2021
Dear Experts,
I have not filed any ITR but my interest amount is above 40,000/- from FD but my total income is less than exemption limit of tax, can I submit form 15G if No then Why ?
Reply
On 09 April 2021 at 16:49
User Avatar

CMA
13117 Points Posted on 09 April 2021
Originally posted by : DISHA LUTHRA
Is form 15G only used for no deduction of TDS u/s 194A ?

I think 15G/H can be submitted in respect of following incomes:

1)    Interest on securities – 193

2)    Dividend – 194

3)    Interest other than interest on securities – 194A

4)    National savings scheme – 194EE

Reply
On 09 April 2021 at 17:31


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details