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    <title>Banks are advised to give an acknowledgment at the time of receipt of Form 15-G/15-H</title>
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    <description>Banks must acknowledge receipt of Form 15-G/15-H declarations from depositors claiming exemption from tax deduction at source. The circular notes recurring failures-misplaced forms and inadequate tracking at branches-resulting in erroneous TDS deductions and customer complaints, and directs banks to institute an acknowledgment procedure to ensure accountability, improve recordkeeping, and prevent depositor inconvenience.</description>
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    <pubDate>Fri, 31 May 2013 00:00:00 +0530</pubDate>
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      <description>Banks must acknowledge receipt of Form 15-G/15-H declarations from depositors claiming exemption from tax deduction at source. The circular notes recurring failures-misplaced forms and inadequate tracking at branches-resulting in erroneous TDS deductions and customer complaints, and directs banks to institute an acknowledgment procedure to ensure accountability, improve recordkeeping, and prevent depositor inconvenience.</description>
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      <pubDate>Fri, 31 May 2013 00:00:00 +0530</pubDate>
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