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“FORM NO. 15G See section 197A(1), 197A(1A) and rule 29C Declaration under section 197A(1) and section 197A(1A) of the Income tax Act, 1961 to be made by an individual or a person (not being a company
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How to fill out form 15g download:
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First, you need to download the form from a reliable source.
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Next, carefully read the instructions and guidelines provided with the form.
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Fill in the necessary personal details such as your name, address, and contact information.
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Provide your Permanent Account Number (PAN) as it is mandatory for this form.
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Specify the financial year for which the form is being filled out.
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Enter the details of your income, including interest received, along with the nature and source of the income.
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Declare that your estimated total income for the financial year, including the income mentioned in the form, is below the taxable limit.
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Sign the form in the appropriate section, indicating your agreement and accuracy of the information provided.
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Submit the completed form along with any necessary supporting documents to the relevant authority.
Who needs form 15g download:
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Individuals who are earning interest income and want to avoid tax deduction at source (TDS) on such income can benefit from form 15G download.
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Form 15G is specifically applicable for individuals below the age of 60 years.
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It is necessary for individuals whose total estimated income for the financial year, including interest income, falls below the taxable limit.
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Individuals who meet the aforementioned criteria and fulfill the requirements mentioned in the form can benefit from using form 15G to avoid TDS on their interest income.
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