Whether issue Form 15G for non deduction of TDS should be signed by any Income Tax authorities?

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When we issue Form 15G for non deduction of TDS, should it be signed by any Income Tax authorities? or simply fill up Form 15G and issue to to the deductor

AI Summary

Form 15G Doesn't Need Income Tax Authority Signature; Incorrect Info Can Lead to Penalties Under Section 277. A query was raised about whether Form 15G, used for non-deduction of TDS, needs to be signed by Income Tax authorities. The response clarified that the deductee only needs to fill out the form and provide it to the deductor in duplicate. The deductor then forwards one copy to the Commissioner or Chief Commissioner of Income Tax. If any incorrect information is provided in the form, it can lead to penalties, including fines and imprisonment, under Section 277 of the Income Tax Act.