Deductors receive Form 15G/Form15H from deductees. These forms are a declaration from the deductee. The deductee does not want TDS to be deducted, since deductee’s total income is below taxable limit.
Deductors are required to upload Form 15G/Form 15H received by them on the income tax department website.
[How to file Form 15G/Form15H on e-filing portal – click here]
[How to allot UIN and other guidelines for payers – click here]
The department has extended the due dates for submission of these forms by DEDUCTORS as follows.
|Form 15G/15H received during||Original Due Date of submission by Deductor||Revised Due Date of submission by Deductor|
|1.10.2015 to 31.03. 2016||30th June 2016||31st October 2016|
|1.04.2016 to 30.06.2016||15th July 2016||31st October 2016|
|1.07.2016 to 30 .09.2016||15th October 2016||31st December 2016|
|1.10.2016 to 31 .12.2016||15th January 2017||No change|
|1.01.2017 to 31 .03.2017||30th April 2017||No change|
Note that there is no extension of due date for Q3 and Q4 of FY 2016-17.