TDS - Form 15G / Form 15 H

TDS 13581 views 24 replies

Please let me know the following:




1) When (Timing, NOT purpose)should form 15G and 15H be collected from persons to whom interest or dividend is payable?




2)Should one submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected OR one should submit the FORMS COLLECTED itself?




3)If Forms collected are to be submitted/filed, should one submit the ORIGINAL OR PHOTOCOPY?




4)When(Timing, NOT purpose) they are to be filed at IT departemnt? Can it be sumitted in electronic form?


 

Replies (24)

i want 15 g and 15 h form and send my email

santosh.dwh2 @ gmail.com

 

regards

santosh krishna

My Interest income exceeds Rs 10,000/ per qtr from bank;s ,FDR. I submitted Form 15g while making the FDR in june, 2007. The FDR is to mature in June, 2009.The Bank did not deduct TDS upto March, 2008. However, in June, 2008 while crediting the interests, deducted TDS on the ground that another Form 15g was not furnished by April, 2008 as required. i am a homemaker and have Nil income other than Interest income which even does not exceed rs 135000/ pa. The effect of Form 15g should have continued upto maturity date of the FDR ie upto June, 2009. Should i furnish Form 15g every year by April to secure exemption  every qtr from TDS?

Is Bank justified to ask for Form 15g again in April 2008 to give exemption or act upon Form 15g already submitted.in June,2007

kindly clarify.

K B CHAUDHURI 21/07/2008

 

please send me copy of 15 H, 15G form

regards

 

Originally posted by :Anil
" Please let me know the following:1) When (Timing, NOT purpose)should form 15G and 15H be collected from persons to whom interest or dividend is payable?2)Should one submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected OR one should submit the FORMS COLLECTED itself?3)If Forms collected are to be submitted/filed, should one submit the ORIGINAL OR PHOTOCOPY?4)When(Timing, NOT purpose) they are to be filed at IT departemnt? Can it be sumitted in electronic form?  "


 

Kinldy send me proforma of 15 G and 15 H eligible for TDs Exempted

what is the difference between 15H, 15G

 

Hi,

IF THIS FORM 15 H, WILL BE APPLICABLE FOR ALL THE TDS (LIKE TDS ON CONTRACTORS, COMMISSION & BROKERAGES, ETC)

Originally posted by :Guest
" Kinldy send me proforma of 15 G and 15 H eligible for TDs Exempted "


 

please send me a copy of form 15H and 15G

 

 

regards

 

 

 

Dear Sir, i am hereby requesting you that required a format of form No.15 for TDS exmption against lorry hire of truck so kindly send the same.

 

15 H can give  other than interest income, like rent, contact,brokrage ect.

Originally posted by :Anil
" Please let me know the following:1) When (Timing, NOT purpose)should form 15G and 15H be collected from persons to whom interest or dividend is payable?2)Should one submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected OR one should submit the FORMS COLLECTED itself?3)If Forms collected are to be submitted/filed, should one submit the ORIGINAL OR PHOTOCOPY?4)When(Timing, NOT purpose) they are to be filed at IT departemnt? Can it be sumitted in electronic form?  "


 

Dear Anil,

1) before the first payment in a year becomes due.

2) to deliver to the ITO (TDS) one copy of Form 15H/G

3) photocopy

4) on or before 7th day of month, next following the month in which F/15G/H is furnished. Not to submit electronically

 

Originally posted by :Doshi lalit
" 15 H can give  other than interest income, like rent, contact,brokrage ect. "


 

No, it can't. For that u hv to apply to ur assessing officer for grant of Certificate of Lower Deduction u/s 197.

Originally posted by :Guest
" what is the difference between 15H, 15G
 
"


 

Form 15H can be furnished by Senior Citizen

Form 15G can be furnished by Other assesses


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