Government Simplifies the 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; Procedure for Submission of the Forms by the Deductor also Simplified;

Government Simplifies the 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; Procedure for Submission of the Forms by the Deductor also Simplified; https://www.taxtmi.com/news?id=15034 Payees may submit self-declarations in Form 15G or 15H on paper or electronically. Deductors will not deduct tax on valid declarations and must allot a Unique Identification Number (UIN) to each declaration. Deductors are required to furnish the particulars and UIN of self-declarations in Quarterly TDS statements, need not submit physical copies to tax authorities, but must retain the Forms 15G/15H for record retention. en-us Wed, 30 Sep 2015 16:02:11 +0530 Wed, 30 Sep 2015 16:02:11 +0530 TaxTMI RSS Generator Government Simplifies the 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; Procedure for Submission of the Forms by the Deductor also Simplified; https://www.taxtmi.com/news?id=15034 Payees may submit self-declarations in Form 15G or 15H on paper or electronically. Deductors will not deduct tax on valid declarations and must allot a Unique Identification Number (UIN) to each declaration. Deductors are required to furnish the particulars and UIN of self-declarations in Quarterly TDS statements, need not submit physical copies to tax authorities, but must retain the Forms 15G/15H for record retention. News - Wed, 30 Sep 2015 16:02:11 +0530 https://www.taxtmi.com/news?id=15034