Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Note
Bookmark
Share
Don't have an account? Register Here
<h1>Banking and insurance firms use Form No. 15C for tax-free interest under section 195(3) of the Income-tax Act.</h1> An application form, Form No. 15C, is used by a banking company or insurer to request a certificate under section 195(3) of the Income-tax Act, 1961. This certificate allows the entity to receive interest and other sums, excluding dividends, without tax deduction. The applicant must declare that the company is not an Indian entity, operates in India through branches, and meets conditions in rule 29B of the Income-tax Rules, 1962. The principal officer of the company must provide accurate information for the certificate to be issued for the specified financial year.
TaxTMI