Question ID :
41003
Form 15H by Senior Citizen
Whether Form H should be taken from Senior Citizen above 80 years( having Income from Interest only) below 5Lacs for Nondeduction of TDS
Posted by
Mahesh Kumar
on
Mar 17, 2021
Filed Under
DIRECT TAXES
The deductor should obtain form 15H for non deduction if the interest exceeds Rs. 50,000
Posted by
B.CHACKRAPANI WARRIER on
Mar 18, 2021
Answer ID :
80993
Yes. It should be obtained if interest income exceeds Rs. 50000/-.
Posted by
CA. chunauti dholakia on
Mar 18, 2021
Answer ID :
80997
For the deductor, form 15H is the document for non deduction of TDS. it is required,
Posted by
CA. VENKITARAMAN K V on
Mar 20, 2021
Answer ID :
81010
No, separate declaration as may depends on the bank to bank, is required to be made to the Bank only for the source of income individual has
Posted by
SURAJ KUMAR CHOUDHARY on
Mar 25, 2021