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Senior citizens seek more time for filing forms 15G, 15H


Senior citizens seek more time for filing forms 15G, 15H
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Updated:
‘If tax is deducted at source, they have to go to consultants’
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‘If tax is deducted at source, they have to go to consultants’
With banks in Tamil Nadu operating with reduced business hours from Monday amid the surge in COVID-19 cases, senior citizens have called for extension of time for filing form 15G and form 15H.
Form 15G and form 15H are self-declaration forms which individuals submit to the banks or financial institutions, requesting them not to deduct tax at source (TDS) on interest income as their income is below the basic income tax exemption limit. ....

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