Income tax department changed the format of form 15G and 15H. These forms are the declaration as their income is less than threshold limit and hence no TDS is deducted on the income earned. Section 197A of income tax act says that in this case assessee can give form 15G OR 15H to the deductor. Difference between Form 15G & Form 15H Form 15G : Persons other than Senior Citizen Form 15H : For Senior Citizens
Posted on: Tue, 18 Jun 2013 04:35:16 +0000
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