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Forms 15G & 15H – Save TDS on Interest Income

What is Form 15G?

As mentioned in sub-section (1) and (1A) of section 197A of the Income Tax Act introduced in 1961, Form 15G is a declaration, whereby an individual and not a company or firm may profess assured receipts with no deduction of tax.

What is Form 15H?

As mentioned in sub-section (1C) of the section 197A of the Income Tax Act introduced in 1961,

  1. Only individuals below the …
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