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Submission of 15G form
Can a society submit 15G form to avoid deduction of tds u/s 194a?
Replies (3)
Quick Summary
No. 15G is for individual and Huf not for society.
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 ?
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 ?
Yes u can submit the form 15G to avoid the TDS on interest amount.
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