What is the diffreance between Form 15G and Form15H?
Timing of Forms Deposit ?
Form 15G and Form 15H are valid for one financial year i.e from 1st of April to 31st March. So the person has to submit the form every year, provided one is eligible. Submission of the same as soon as the financial year starts will ensure the bank does not deduct any TDS on the interest income
Where is used Form 15G and Form 15H ?
This form used as below : 1. During the EPF withdrawal. 2. Interest Income from Bank above Rs 10,000/- annually 3 .Interest Income from Post office above Rs. 10,000/- annually