Income-tax (14th Amendment) Rules, 2015 - Format and Procedure for Self Declaration in form No.15G or 15H to Reduce the Cost of Compliance and Ease the Compliance Burden for both, the Tax Payer and the Tax Deductor, simplified

Income-tax (14th Amendment) Rules, 2015 - Format and Procedure for Self Declaration in form No.15G or 15H to Reduce the Cost of Compliance and Ease the Compliance Burden for both, the Tax Payer and the Tax Deductor, simplified https://www.taxtmi.com/notifications?id=118191 Rule 29C mandates that claims for certain incomes without deduction of tax be made in Form 15G or Form 15H, submitted on paper or electronically under specified procedures. Payers must allot a unique identification number to each form received each quarter and report these numbers and particulars in the quarterly TDS statement per rule 31A(4)(vii), even if no tax is deducted. A systems authority will set formats, verification processes and make declarations available for verification; tax authorities may require production or access to declarations for seven years from the end of the relevant financial year. en-us Tue, 29 Sep 2015 00:00:00 +0530 Wed, 11 Feb 2026 15:56:43 +0530 TaxTMI RSS Generator Income-tax (14th Amendment) Rules, 2015 - Format and Procedure for Self Declaration in form No.15G or 15H to Reduce the Cost of Compliance and Ease the Compliance Burden for both, the Tax Payer and the Tax Deductor, simplified https://www.taxtmi.com/notifications?id=118191 Rule 29C mandates that claims for certain incomes without deduction of tax be made in Form 15G or Form 15H, submitted on paper or electronically under specified procedures. Payers must allot a unique identification number to each form received each quarter and report these numbers and particulars in the quarterly TDS statement per rule 31A(4)(vii), even if no tax is deducted. A systems authority will set formats, verification processes and make declarations available for verification; tax authorities may require production or access to declarations for seven years from the end of the relevant financial year. Notifications Income Tax Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118191