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wether form15g or h accepecting valid or invalid
a partnership firm taking loan from one person. firm paying interest 5000 to person. now that person is given 15 g wether accepectance of 15g valid or not. 15g or 15h issued by the banking finacial sector only. pm please solve my query
Replies (1)
15g or h can be accepted by any person paying interest. It is not limited to bank only. But you have to comply with all the provisions after accepting 15g
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