Slide background
Excellence in Execution
Slide background
KMS is different
Slide background
Trusted Relationship
Slide background
Quality with Timeliness

Clarification on due date for filing online Form 15G & 15H

KMS_Income Tax Updates_Clarification on due date for filing online Form 15G & 15H

Clarification regarding due dates to file Form 15G/15H

  • Section 197A of the Income tax Act, 1961 provides for no deduction in certain case by submitting a declaration using Form 15G / 15H as laid down in Rule 29C of the Income tax Rules, 1962. The manner of filing such declaration and the particulars have been laid down in Rule 29C.
  • The CBDT has issued Notification No.76/2015 dated 29th September, 2015 and amended Rule 29C, w.e.f. 1st October 2015, for online filing of self-declaration for non-deduction of tax under section 197A, in addition to paper filing.
  • Further, CBDT has issued Notification No. 4/2015 dated 1st December, 2015 to prescribes the procedure, formats and standards.
  • Recently, the CBDT has issued Notification No. 9/2016 dated 09th June, 2016 and provided clarification on following issues:

a)Due date for quarterly uploading of 15G/15H declarations by on e-filing portal,

b)The manner for dealing with Form/15H received by payer during the period from 01/10/2015 to 31/03/2016.