15g/h submission
s das
(Querist) 12 May 2014
This query is : Resolved
Sir/Madam
Whether the captioned form can be accepted from HUF/Trust in respect of Section 197A(1) & 197A(1A)for no deduction of TDS.
This query has been raised by keeping in mind the Circular no-351 dated 26.11.1982 reference of which still is still remaining with the said section.
Also the new format of 15G vide Notification No-11 dated 19/2/2013 muddle it by note.4 wherein it mentions '**Indicate the capacity in which the declaration is furnished on behalf of a HUF, AOP, etc'
Please guide
Regards
R.V.RAO
(Expert) 13 May 2014
yes.form 15 G can be submitted by individuals,huf,trust/aop.
15 H can be submitted by senior citizens above 60 years. non resident cannot submit these forms.
T. Kalaiselvan, Advocate
(Expert) 13 May 2014
I too agree with expert Mr. Rao's views that the exemption can be claimed by following the said procedure.
Sankaranarayanan
(Expert) 13 May 2014
in that column you have to mention them person;s capacity if huf then sign by whom and what is his.her capacity on that huf or AOP
R.V.RAO
(Expert) 13 May 2014
thanks sri goyal ji and thiru kalaiselven ji.
