Forms 15G or Form 15H should be submitted timely to avoid the tax deducted at source (TDS) on your deposits with bank or post office if your income is below the exemption limit. These forms has to be submitted at the start of every financial year till the maturity of your deposits to ensure no TDS is being deducted by the bank or post office. You might have gone through my earlier article on How to use Form 15G & Form 15H to save TDS, but I feel knowing the usage is not enough until you know how to fill up these forms properly to avoid any rejections.

In this article I am going the explain you step by step how to fill up Form 15G and Form 15H.

How to fill up Form 15G

Download here Form 15G as applicable for A.Y. 2013-14

For your information Form 15G should be submitted by non-senior citizen (less than age 60) individual or a person not being a company or firm claiming certain receipts without deduction of tax.

I. The fields of Part I such as 1, 2, 4, 5, 8, 9, 11, 12, 13, 15 and 16 are for personal details like Name, PAN and Contact Information. Assessment year (AY) has to be put in field 3. If the interest applies to say financial 2012-13 then relevant AY is 2013-14.

II. Field 6 is for Status i.e. your income tax status which would be Individual. In fields 7 and 10 you need to enter details Income Tax assessment office details of the last time you were assessed which you can find out from your PAN number.

You might want to read How to check your AO Code, Income Tax Ward/Circle PAN name with PAN number

III. Field 14 you can enter the year your income was last assessed. Field 17 and 20 required to entered with present Ward/Circle and AO code. Status to be entered as RESIDENT in the field 18.

IV. You can leave field 19 if not relevant. Interest amount from your deposit for the relevant previous year needs to entered in filed 22. Filed 23 estimated total income (mentioned in column 22)of the previous year.

V. Field 24 should be filled with the details of your deposits. In Schedule-III details of the sums given by the declarant on interest should be entered. Here you need to fill FD number, deposit amount, start date of the deposit, tenure of the deposit and interest rate etc.

VI. At last place your signature within the given space as Signature of Declarant and leave Part II since it is for the bank/company to fill the necessary details.

How to fill up Form 15H

Download here Form 15H as applicable for A.Y. 2013-14

There is not much of difference while filling up form 15H except it has to be submitted by individual who is of the age of 60 years or more claiming certain receipts without deduction of tax.

I. The fields of Part I such as  1, 2, 3, 5, 6, 8, 9, 11, 12, 13, 15 and 16 are for personal details like Name, PAN and Contact Information. Assessment year (AY) is to be put in field 4. If the interest applies to say financial year 2012-13 then relevant AY is 2013-14.

II. In fields 7 and 10 you need to enter details Income Tax assessment office details of the last time you were assessed which you can find out from your PAN number.

You might want to read How to check your AO Code, Income Tax Ward/Circle PAN name with PAN number

III. Field 14 you can enter the year your income was last assessed. Field 17 and 20 required to be filled with present Ward/Circle and AO code.

IV. You can leave field 18 if not relevant. Interest amount from your deposit for the relevant previous year needs to entered in filed 21. Filed 22 estimated total income (mentioned in column 21)of the previous year.

V. Field 23 should be filled with the details of your deposits. In Schedule-III details of the sums given by the declarant on interest should be entered. Here you need to fill FD number, deposit amount, start date of the deposit, tenure of the deposit and interest rate etc.

VI. At last place your signature within the given space as Signature of Declarant and leave Part II since it is for the bank/company to fill the necessary details.

Hope this article will help you understand the complexity of the revised Form15 & Form 15H from the earlier once and submit the filled up form without any rejection.

If you still have any questions do share the same in the comment box.

How to fill up Form 15G and Form 15H? Step by step guide

214 thoughts on “How to fill up Form 15G and Form 15H? Step by step guide

  • July 7, 2013 at 9:46 AM
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    Hello Sir, your article is really a great help for me. I was finding very difficult to fill these form. Now all doubts cleared. Thank you very much and keep sharing such valuable informations.

    Reply
    • July 7, 2013 at 9:49 AM
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      Hi Sanjay,

      You are most well come.

      Reply
  • September 25, 2013 at 7:06 PM
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    Where does one enter the rental income?

    Reply
    • October 13, 2013 at 1:37 PM
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      Hi Siddharth,

      You may put it in point no. 23 of form 15G or in point no. 22 of 15H.

      Reply
  • September 30, 2013 at 2:03 PM
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    can you please mail me a sample of the filled 15g for for assesment year 2014 – 2015.
    your help will be appreciated

    Reply
  • September 30, 2013 at 2:04 PM
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    can you please mail me a sample of the filled form 15g.

    Reply
    • September 30, 2013 at 8:39 PM
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      Hi Abhishek,

      Really sorry, I do not have any such sample copy. You can just follow the post it will help you a lot.

      Reply
  • October 28, 2013 at 2:47 PM
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    Thanks dear…..helped a lot

    Reply
    • October 28, 2013 at 5:22 PM
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      You are most welcome Niteen!!

      Reply
  • November 18, 2013 at 10:49 AM
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    Hello Kumar,
    I filed the ITR-1 & it shows the ‘Total tax credit’ is some X amount and finally the ‘Net Tax amount payable’ as Nil.
    I have fixed deposit in sweeep-in account which is matured (1 year) & the bank is asking for 15G/H form to be filled. The interest accrued is around 30K. I am in a different country for 3 months now. Can I provide form 15G to bank through e-mail ? Will it help providing form 15G in avoidig/waiving of TDS? Request your reply at the earliest on my query.
    Thank you & appreciation in advance.

    Reply
    • November 18, 2013 at 11:10 AM
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      Hi Aken,

      15G/15H has to be submitted physically. In your case I can suggest you try sending a filled-up & signed 15G form to any of your relatives so that they can submit the same at the bank on your behalf. Even if it’s not working, you can let the tax deducted, but file your IT returns on time so that you can claim such deducted taxes as refund if taken in excess.

      Reply
  • November 22, 2013 at 12:19 PM
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    Can a person who is aged above 60 file 15G whose total income is less than taxable limit

    Reply
    • November 22, 2013 at 12:26 PM
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      Hi Dipesh,

      Senior citizen should submit form 15H having total income less than taxable limit.

      Reply
  • December 18, 2013 at 1:32 PM
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    Can a person without pancard submit form 15g or form15h and cliam refund of TDS from Bank on the interest received from fixed deposits if the interest is above Rs. 10000 and his income is below taxable limit?

    Reply
    • December 18, 2013 at 4:56 PM
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      Hi Harish,

      PAN is very much required to be updated with the bank else; TDS will be deducted at a higher rate.

      Fyi, Finance (No.2) Act, 2009 (Act) with the introduction of new section 206AA in the Income-tax Act,1961 has made it mandatory for payers (here bank) to withhold tax at higher rates if payee (here you) does not provide it’s Permanent Account Number (PAN).

      As per this provision, if PAN is not updated or is incorrect, tax will be deducted at source at the higher of the following rates:
      (i) At the rates prescribed in the Act; or
      (ii) At the rates in force (which includes the tax treaty rates); or
      (iii) At the rate of 20%.

      Also note, this provision is applicable even if the payee submits Form 15G/15H. Thus you need to furnish the PAN to avail the benefit available under Form 15G/15H.

      Reply
  • December 25, 2013 at 2:06 PM
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    I have one doubt regarding field 22 that– whether we need to add incomes mentioned in field 21 to our previous year annual income or we need to mention only total income mentioned in field 21.

    Reply
    • December 25, 2013 at 4:25 PM
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      Hi Rindani,

      It should be total income.

      Reply
  • January 24, 2014 at 3:10 PM
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    i know about 15g form , if open MIS account in bank joint name (interrest 40k) 15g submitted separete form or first name only

    please help me mail id
    ganesh905@yahoo.co.in
    your help will be appreciated

    Reply
    • January 25, 2014 at 8:25 PM
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      Hi Manoj,

      Ideally the first holder should submit the Form 15G.

      Reply
  • January 25, 2014 at 11:46 AM
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    I have query for schedule 3 of 15g. I am not getting what to write in each column for FD.

    Also I have not done IT assessment any time so do i need to fill AO detail? PAN juridication is different then current residence so should I fill both detail ? I donot know how to find current residence comes under which AO of IT.

    Reply
  • February 5, 2014 at 8:30 PM
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    Dear Sir,

    I have some hedeen / not shown on site queries, please tell me how can i mail you my queries
    & get solutions.

    Awaiting your guidance.

    Regards

    Umesh

    Reply
    • February 6, 2014 at 8:37 AM
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      Hi Umesh,

      What is your question?

      Reply
  • March 3, 2014 at 3:38 PM
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    What details are required to be filled in Schedule I and Schedule II ? Also the space given is just one line. Do we need to add annexures here? In case of shares held in demat form, the distinctive numbers would not be applicable- correct?

    Reply
    • March 6, 2014 at 10:26 PM
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      Hi Kishin,

      If you have all these in detail then you can attach an annexure to this.

      Reply
  • March 6, 2014 at 10:18 AM
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    What is the last date for submission of 15 H. FD is in SBI Bank. Whether the same can be submitted online? And if not then please let me know whether the same can be submitted in any brach of SBI pan india or have to be submitted in the concern branch only.

    Reply
    • March 6, 2014 at 11:44 AM
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      Hi Pratyush,

      15H or 15G needs to be submitted during the beginning of the financial year. In case you make fresh deposits, you need to submit either of these forms applicable to you along with deposit application.

      This has to be submitted in physical with the branch where you have opened FD.

      Reply
      • August 20, 2014 at 2:09 PM
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        Hi Soubhagya,

        If i have missed to submit 15H in time and TDS has been deducted by bank is there any way by which i can submit 15H and deducted amount can be reversed or credited back to my account.
        thanks and regards

        Reply
        • August 21, 2014 at 8:13 PM
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          Hi Ipsita,

          Only way to recover TDS is, file IT returns.

          Reply
  • March 6, 2014 at 10:54 PM
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    i have 5 FD in bank, is it required to enter all the details like deposit serial nos, date & interest amount etc…. as the new form 15H contains only 2 columns in each category , please clarify

    Reply
    • March 7, 2014 at 8:31 AM
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      Hi Subramanya,

      You can attach annexure to this.

      Reply
  • March 21, 2014 at 1:25 PM
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    Sir,
    My quarries are I earn FD interest total 10.000/-Rs. in a month from different bank . can i fill 15G for safe TDS? in different bank like BOI, SBI Central Bank I have FD I given the 15G seperately in every bank? what is the limit of a ladies interest ?

    Reply
    • March 21, 2014 at 6:32 PM
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      Hi Bidisha,

      If your total annual income including these interest income from FDs are less than current taxable limit then you can very well submit form 15G at the respective banks to avoid TDS. Fyi there is no separate slab for ladies and current lower minimum tax slab is Rs. 2,00,000 for non senior-citizen.

      Reply
  • March 22, 2014 at 11:25 AM
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    sir I want to know that my father is a retired person and his pension is 15175 rs per month that’s total 182100rs per year. after that how much amount he should invest in bank fd at 9.25% that he do not pay any tax on total income after submitting 15h form. plz sir advise me quickly.

    Reply
    • March 23, 2014 at 11:37 PM
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      Hi Anil,

      Since you indicated about form 15H then I can assume your father is a Senior Citizen. In such case;

      If he is less than 80 years of age then he can go for approx Rs. 7,34,055 of FD at 9.25% rate of interest annually which will give additional income of Rs. 67,900 and this makes total income for the financial year at Rs. 2,50,000 i.e. [Rs. 67,900 + Rs. 1,82,100].

      But if he is a very senior citizen (above 80 years of age) then he can go for approx Rs. 34,36,757 of FD at 9.25% rate of interest annually which will give additional income of Rs. 3,17,900 which makes total income for the financial year at Rs. 5,00,000 i.e. [Rs. 3,17,900 + Rs. 1,82,100].

      Reply
  • March 28, 2014 at 11:30 AM
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    Hi, TDS will be deducted in the quarter when the FD gets matured and interest is paid to the person? or it will be deducted in the quarter when FD has been made? I am very confused on when to submit 15G form. I have opened 2 fds this year which gets matured in late 2014 and earlier 2015. Please advice whether TDS will be deducted if I submit the form only in June.

    Reply
    • March 28, 2014 at 2:16 PM
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      Hi Deepa,

      You need to submit form15G whenever you make new investment & beginning of each financial year. If you submit it by June, then I believe bank may not accept it.

      Reply
      • March 28, 2014 at 3:28 PM
        Permalink

        Thanks for your reply. Please let me know whether we need to produce 15G form whenever we open an FD (in same bank and branch) or declaring it once during financial year starting is enough. Because we may not know details about future investments.

        Reply
        • March 28, 2014 at 8:51 PM
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          Hi Deepa,

          In both the cases you need to submit Form 15G. But if you do not have any existing FD then no need to submit any such forms.

          Reply
  • April 3, 2014 at 10:26 PM
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    Hello,
    1) I have 4 Fds in account but each individualy do not cross 10000rs but totaly they cross, so do I have to add 4 Fd no.in one 15G form?
    2) I am planning for one more FD , do i have to fill one more 15G form at that time if in same financial year?

    Reply
    • April 4, 2014 at 8:32 AM
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      Hi Anushri,

      Yes is the answer for both the queries.

      Reply
  • April 5, 2014 at 10:46 AM
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    plz tel can u explain me about all shedules..

    Reply
  • April 11, 2014 at 11:16 AM
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    hi,
    i have two FDs invested in the year 2013. In the year 2014 it crosses total interest of Rs. 10000. i have filled up 15G but have some queries in that. Why it is written Assessment year 2015-16 in form 15G made by bank?. I think it should be 2014-15. I am confused for the same. Please guide me.

    Reply
    • April 11, 2014 at 11:21 PM
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      Hi Dev,

      Bank form is right. It’s for for the Financial Year 2014-15 i.e. AY 2015-16. Now whatever 15G/15H you will be submitting that will be counted for AY 2015-16 only.

      Reply
  • April 22, 2014 at 3:47 PM
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    In the case of joint account, can one person fill the 15 G form? Or both the person is required to sign? Such as if Rosy and Pinky are holding a joint account , Can Pinky sign on Rosy’s behalf?

    Reply
    • April 22, 2014 at 5:39 PM
      Permalink

      Hi Lily,

      If first holder submits 15G then it’s enough. I guess this is what bank ask for. Fyi, Pinky can not sign on behalf of Rosy and vice-versa.

      Reply
  • April 27, 2014 at 10:18 AM
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    HI…
    my question is…
    my father is a retired govt employee..senior citizen..
    and my father total income 320000.
    and he will pay tax this year.so my question will He submit 15 H for not deduction of tax from FD?

    Reply
    • April 27, 2014 at 1:27 PM
      Permalink

      Hi Biswajit,

      As your father’s income is taxable, he will not be eligible to submit for 15H.

      Reply
  • April 29, 2014 at 2:32 AM
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    my fd has 3 dates :
    1)date of issue,2) as of,3)due date.
    form15 H part 1 schedule II needs date of securities & dates on which the securities were acquired by the declarent.would u plz match this.i mean which above 1,2,3 dts i need fit into schedule 2.
    as well schedule III required date on which the sums were given on interest.plz match dates.i m confused with these dates.

    Reply
    • May 2, 2014 at 10:21 AM
      Permalink

      Hi Jan,

      If you are talking about any existing FDs with you, then I suggest you to fill-up details in schedule III not in schedule II. You will easily fill-up required details basis available information with you.

      Reply
  • May 24, 2014 at 10:42 AM
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    Hi Kumar
    I want some information regarding 15g.
    I have few fd’s which are opened in feb, oct & nov invested in the year 2013.
    This is the first time am submitting this 15g.
    Am not working anywhere. So this is the only income am getting.
    1. When I have to submit this 15g form.
    2. For which Assessment year
    3. Where should I download.
    4. If my TDS is deducted where I have to check (am using net banking facility & my bank is SBI)
    Please be patience and answer me.

    Reply
    • May 26, 2014 at 5:59 PM
      Permalink

      Hi Sameera,

      You need to submit 15G at the time of each deposits and begining of each financial year subsequently.

      I suggest if you have not submitted yet, go ahead and submit asap. Format of 15G is avaible in this blog as a link or you can get the same at the bank branch.

      If TDS has been deducted, you can check the same with the help of form 26AS. In case tax is deducted at a higher rate, you can file your IT returns to claim it as a refund.

      Reply
  • June 4, 2014 at 6:55 PM
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    HI THIS IS KRISHNENDU, THIS SITE IS REALLY HELPFULL FOR ME AND MY PROFESSION INDEED, THANK YOU

    Reply
    • June 4, 2014 at 11:55 PM
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      Hi Krishnendu, thanks for the appreciation.

      Reply
  • June 24, 2014 at 3:26 PM
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    Sir, I am going to fill 15G for FDR of A.Y 2015-16…..
    1. Is in column 22 need to show total interest income of F.Y 2013-14.
    2.Is in column 23 need to show Total income(including total interest) of F.Y 2013-14.

    Please provide help.

    Reply
    • June 29, 2014 at 8:47 PM
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      Hi Deepak,

      Yes is the answer for both the questions.

      Reply
      • December 29, 2014 at 12:33 PM
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        Isn’t this related to F.Y 2014-15 instead of F.Y 2013-14?

        Reply
  • June 24, 2014 at 6:29 PM
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    Its really a great and useful piece of information.

    Reply
    • June 29, 2014 at 8:48 PM
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      Thank you Smitha.

      Reply
  • July 14, 2014 at 5:32 PM
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    First of all your article is extremely helpful. I have few queries :
    1. I’m a house wife and don’t have any source of income. I have opened up a FD in Jun worth Rs. 5000 for a year knowing it would not gain a limit of 10k in financial year . I did not submit 15G at that time. Do I need to submit for that ?
    2. If I want to open up say for ex. two more FDs worth 1 lac each for a year , which will have interest earned beyond 10k limit, I need to submit single form 15G mentioning both FDs ? or I can even mentioned FD in part 1. ( so , total 3 FDs in all)
    3. On SCHEDULE III , I don’t see a place to enter FD number.Can you help me to find that out.

    Thanks,
    Amruta

    Reply
    • July 14, 2014 at 10:28 PM
      Permalink

      Hi Amruta,

      Find answers in sequence to your queries;
      1. Normally upto 10K interest no TDS is being deducted by the deductor. But you never know if it gets deducted then you will have to wait for refund credit after filing of ITR. So what I suggest you to submit 15G asap also at the beginning of each financial year at the branch where you have FD(s).
      2. As many numbers of FD you open, the same numbers of form 15G you should submit.
      3. FD number is not mandatory. You can simply put amount, date and interest etc.

      Reply
  • August 7, 2014 at 12:40 PM
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    for a first time users it is required to fill the field 14 .

    Reply
    • August 7, 2014 at 8:44 PM
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      Hi Sagar,

      It can be left blank if no returns were filed due to no or non-taxable income.

      Reply
  • August 12, 2014 at 11:35 AM
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    Hi,

    I have recd many 15G for my organisation. So what is the last date for submission of these to the income tax department. And whom to submit in the department.

    Reply
    • August 12, 2014 at 8:06 PM
      Permalink

      Hi Niranjan,

      Please share some detail about what your organization and who submits 15G.

      Reply
  • August 12, 2014 at 5:19 PM
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    Hi,
    I have did fix deposit of rs1lakh.
    But I have no idea about form 15g.15h.

    And how to fill the form…..can u suggest the same.m waiting for your promt reply.

    Regads,
    Dnyaneshwar

    Reply
    • August 15, 2014 at 10:32 PM
      Permalink

      Hi Dnyaneshwar,

      Suggest you to follow the post, it has explained step by step what you need.

      Reply
  • September 29, 2014 at 1:16 PM
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    sir i am deposited one year fixed deposit rupees 5,00,000/- on 22/8/2013 and maturity date 22/8/2014. i am drawing after maturity on 24/8/2014. bank paid to me less 10,000/-rs. and bank manager suggested filling 15 g form on same day. but not return 10000/-amount to my account. please suggested to me how to deducted amount returned to me.

    Reply
    • October 1, 2014 at 9:50 PM
      Permalink

      Hi Ganesh,

      Suggestion of bank manager was to ensure no TDS is deducted in future if your total income in less than taxable limits. Since tax has already been deducted, now you are left with only one option i.e. file your IT return during AY 2015-16 (for FY 2014-15) and take refund if you are eligible.

      Reply
  • October 8, 2014 at 4:38 PM
    Permalink

    Dear SK Patra, Namaskar
    I am NRI from Mar 2013, I have 3 a/c of same bank in different city. In Form 26AS from TRACES shows TDS u/s 194A of 2 banks only for FA 2013-14.
    1) How to get TDS details in TRACES of 3rd bank, is this TRACES details ok for ITR file or form 16A is must.
    2) Will i am able to submit ITR for FA 2013-14, if yes then up to which date i can.
    3) I was not submitted form 15G upto now , is this fine for ITR
    4) Can possible to submit Form 15G, Pan by online to bank.
    5) In bank there is MOD facility therefore automatically FD created and automatically FD break so how to fill schedule III of form 15G
    Very thanks for the useful information _/\ _

    Reply
    • October 9, 2014 at 10:28 AM
      Permalink

      Hi Abhay,

      1. Your PAN may not be updated with the 3rd account number, thus no TDS deduction is reflected. Another chance may be, the interest earned from the account may be below threshold limit and bank has not deducted any TDS. I suggest you to contact bank asap.
      If TDS has been updated successfully then either form 16A or 26AS will work
      2. You can file before March 2015. But you need to check all the limitations for late filing.
      3. No
      4. Since you are an NRI, form 15G & 15H are not applicable to you.

      Reply
      • October 9, 2014 at 12:53 PM
        Permalink

        Thanks for quick respond,
        Yes you are right bank has been deducted 20% tds amount more than 30k., i got statement from SBI online for FA 13-14.
        1. How i fill ITR since this details are not in form 26AS
        2. will bank can update PAN card for TDS of last FY
        Thanks _/\_

        Reply
        • October 9, 2014 at 12:56 PM
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          3. TDS deducted by bank is not in NSDL , but have only online bank statement of TDS available by this i can fill ITR?

          Reply
          • October 9, 2014 at 7:34 PM
            Permalink

            Hi Abhay,

            You need to write to bank along with copy of PAN requesting to update TDS data for the relevant quarter of the financial year. Unless TDS details are showing in traces, you can not claim any refund if deducted at a higher rate.

  • October 8, 2014 at 6:02 PM
    Permalink

    Dear Mr. Patra
    Thanks for the very useful information.
    I have 3 bank a/c of same bank in different , the TDS details are available on TRACES Form 26AS of only 2 banks. TDS not showing of one bank on TRACES. I was nor submitted Form 15G to any bank, I am out of India since Mar 2013.
    1. How to get Form 26AS of 3rd bank in TRACES.
    3. Is Form 26AS is sufficent for ITR or Form 16A is must.
    4. Could able to fill ITR for FA 2013-14, if yes what will be the last date to submit ITR
    5. Is this possible to provide form 15G and Pan card copy to banl by online.

    Thanks in advance…

    Reply
    • October 9, 2014 at 10:41 AM
      Permalink

      Hi Abhay,

      I have answered to your queries above.

      Reply
      • October 12, 2014 at 4:56 PM
        Permalink

        Very Thanks Patraji_/\_

        Reply
        • October 12, 2014 at 6:12 PM
          Permalink

          You are most welcome Abhay!

          Reply
  • October 23, 2014 at 5:03 PM
    Permalink

    Hi Patra
    I need small clarificaton on Assessment year.
    Tomorrow am going to open Fixed deposit dated 24th october 2014 for the amount of 2lakhs.
    On that I will get interest more than 10k.
    So I want to submit 15G form.
    1- In that 15g form 3rd point is about Assessment year. So please tell me which year I have to memtion exactly.
    2- And also 14th point Last assessment year in which assessed.
    I read your article…but I need exact answer from you sir.
    Please reply me

    Besr regards
    Sanjana

    Reply
    • October 28, 2014 at 9:14 PM
      Permalink

      Hi Sanjana,

      1. AY 2015-16
      2. AY 2014-15

      Reply
  • October 28, 2014 at 5:42 PM
    Permalink

    Dear SK Patra,
    I have given form 15 G to my bank for not deducting the TDS on my FD for the fy 2013-14. since i was not employed in this year. I ‘m not liable to pay tax. while filling the online details of efiling _tax, i want to show interest earned on this FD. pls let me know how to show this amount in my efiling ?

    Reply
    • October 28, 2014 at 8:59 PM
      Permalink

      Hi Pankaj,

      You should file ITR1 and put interest income under the head of Income From Other Sources.

      Reply
  • November 20, 2014 at 4:06 AM
    Permalink

    Form 15 H Column 21 Schedule II – Interest on Securities What items are to be included here? What is meant by Securities for this form? Pl. advise. Thanks.

    Reply
    • November 24, 2014 at 11:09 PM
      Permalink

      Hi Ramachandran,

      It’s about interest on any other deposit, bond, debenture etc.

      Reply
  • March 13, 2015 at 7:04 PM
    Permalink

    hi
    I have 6 FDs in my account, i opened my first fd on 22/09/2010 for one year and after one year i renewed that for next one year then interest rate has changed so i m confused that what interest rate should i filled in column “rate of interest”
    plz suggest me

    Reply
  • March 14, 2015 at 11:16 AM
    Permalink

    Hello,
    I want some information regarding 15g.
    I have 6 fd’s in my account, I opened my first FD on 22/09/2010 for one year and after one year i renewed that for next one year then interest rate has changed so i am confused that what interest rate should i fill in schedule III column of “rate of interest”
    Plz suggest me

    Reply
    • June 16, 2015 at 10:26 PM
      Permalink

      Hi Priyanka,

      You will need to write whatever is current interest rate.

      Sorry for late response. Not sure if this reply will help you now!

      Reply
  • March 23, 2015 at 9:41 PM
    Permalink

    Sir,I have kept 5 lakh in term deposit i.e,Vikas Cash Certificate in bank. Date of issue is 13-01-2015. &period of deposit 12 months. At maturity i.e on 13-1-2016 I get Rs. 544673.26 Now I have to submit form 15 G to bank. I want to know whether I should calculate the interest for the period 13-1-2015 to 31-3-2015 i.e for financial year 2014-2015 and then write estimated interest from TERM DEPOSIT. or shall I write interest amount 44673.26 ?

    Reply
  • March 24, 2015 at 2:13 PM
    Permalink

    I have Vikas Cash Certificate of Syndicate Bank. Date of issue is 13/01/2015. Period of deposit is 12 months. Date of maturity is 13/01/2016. Amount invested is 5 lakh. At maturity I get Rs.544673. 26 I want to fill up 15 G form. In field 22 of FORM 15 G, i.e Estimated total income from the source, what shall I write? Shall I write interest for the perid i.e 13/01/2015 to 31 st march 2015? How to calculate accurately? number of days? or months? I am bit confused. please reply sir.

    Reply
    • April 5, 2015 at 11:02 PM
      Permalink

      Hi Raghavendra,

      If you are submitting form 15G for the FY 2015-16 then not only interest income but also income from all other sources as given in field 22. If you have no other income then put only interest amount for 12 months.

      Reply
  • March 30, 2015 at 7:15 PM
    Permalink

    Date : 01/04/2015 (A.Y. 2015-16)
    In Form No.15G – Declaration / Verification how to fill? i.e. Previous year ending on ____ relevant to the assessment year ______ . … Column 22 for the previous year ending on ________ relevant to the assessment year ____

    Reply
  • April 7, 2015 at 3:08 PM
    Permalink

    Dear SK Patra,
    My wife is a House Wife. She has a Saving Bank account and is the first account holder. She has 5 FDs in that Bank which are linked with that savings account. She has filed form 15-G mentioning all the FD numbers but the bank clerk has linked only one FD number. When she opened her net-banking, she observed that in the remarks column Form 15-G is showing submitted only against that FD number and for the rest it is showing as ‘Not Submitted’. When she conveyed this fact to the bank clerk, then she said that only one account is required to be linked and rest all are linked automatically. My questions are;
    (a) Is it not mandatory to mention all FD numbers in form 15G which are made through only one savings account ?
    (b) The one FD number which is showing form 15G as ‘Submitted”, if that FD is pre-maturely closed then will Tax will be deducted from rest of the FDs (amount is more that 10000rs) ?

    Reply
    • April 24, 2015 at 11:11 PM
      Permalink

      Hi Sudeep,

      a. Yes it is required to put all FD details.
      b. You can’t rely on what bank says as long as respective FDs are not showing 15G “submitted”.

      Reply
  • April 16, 2015 at 3:39 PM
    Permalink

    Hi Mr. Kumar please clarify this : “** Indicate the capacity in which the declaration is furnished on behalf of a HUF, AOP, etc ” – this Note is mentioned against the FIRST space for “Signature of Declarant”. What is the meaning of this Note ? Should it be signed in the same way as the SECOND “Signature of Declarant” by the declarant ? Please clarify.

    Thankyou Verymuch

    Reply
  • April 16, 2015 at 3:41 PM
    Permalink

    Hi Mr. Kumar please clarify this : “** Indicate the capacity in which the declaration is furnished on behalf of a HUF, AOP, etc ” – this Note is mentioned against the FIRST space for “Signature of Declarant”. What is the meaning of this Note ? Should it be signed in the same way as the SECOND “Signature of Declarant” by the declarant ? Please clarify.

    Thankyou Verymuch

    Reply
    • April 22, 2015 at 11:32 PM
      Permalink

      Hi Nasir,

      Capacity is deified as either “Individual” or Non-Individual”. If your case is related to either HUF or AOP then you just need to write “Non-Individual”.

      Reply
  • April 25, 2015 at 10:06 AM
    Permalink

    from 15g part II ,who will fillup it ?

    Reply
    • April 27, 2015 at 9:26 PM
      Permalink

      Hi Abhijit,

      It is for bank/post office/company responsible for deducting TDS.

      Reply
  • April 29, 2015 at 12:17 PM
    Permalink

    Hi Mr.Patra
    Can u please tell me what to fill here.
    In Form No.15G – Declaration / Verification how to fill? i.e. Previous year ending on ____ relevant to the assessment year ______ . … Column 22 for the previous year ending on ________ relevant to the assessment year ____
    And in column 24 do I have to do signature. Where 2** mentioned…
    Today and filling this 15G form dated 29-04-2015.
    Please give as soon as possible.

    Nura

    Reply
    • June 16, 2015 at 9:07 PM
      Permalink

      Hi Nura,

      If you are filling the form now i.e. in FY 2015-16 then you should enter previous year ending on 31st March 2016, and relevant AY year will be 2016-17. And same will be repeated in second line.

      For the stars mentioned as “**Signature of the Declarant” are for HUF, AOP & Etc, so you can avoid it.

      Reply
  • June 4, 2015 at 12:34 PM
    Permalink

    Hi Mr.Kumar,
    First of all, your steps are really usefull and I have some queries.
    For PF withdrawal, I have to submit this form -15g. My last date is March 6,2015 with the Company. In filling the form 15g, What should I mention as assessment year? And In declaration section ,it is asking for the previous year ending——relevant to the assessment year——. In these two blanks, what Should I fill. I am very confused. Could you Pls clear it.

    Reply
    • June 12, 2015 at 1:34 PM
      Permalink

      Hi Shamlee,

      If you are receiving the withdrawal amount during FY (Financial year) 2015-16 then AY (Assessment Year) will be 2016-17. Previous Year ending will be 2015-16.

      Reply
  • June 9, 2015 at 1:29 PM
    Permalink

    my granny has fixed deposits in united spirit ltd , hdfc, shiram transport finance company ltd so where should i disclose these details in form 15H ?
    it should be under Schedule 3 or 2? plz reply soon

    Reply
    • June 12, 2015 at 1:29 PM
      Permalink

      Hi Nayna,

      It should be in schedule 2.

      Reply
  • June 11, 2015 at 2:02 PM
    Permalink

    Hello,

    I resigned from job recently and planning to withdraw my PF amount(less than 5 years). Company asked me to submit form15G . Could you please give me all the necessary details to fill this form for PF withdrawal. For eg:- Assessment year (AY) do I need to give my stay period with the company(2011-2015) etc.

    Thanks in advance.

    Reply
    • June 12, 2015 at 1:25 PM
      Permalink

      Hi Jerin,

      You should mentioned AY as 2016-17. Stay period would not be necessary as your employer will have the record. Do let me know if you have any other specific query.

      Reply
  • June 15, 2015 at 1:11 PM
    Permalink

    I want to withdrawal my pf amount in june is it necessary to submit 15g form. If yes kindly give me details for filling 15g form

    regds,
    Tilak

    Reply
    • June 15, 2015 at 8:05 PM
      Permalink

      Hi Tilak,

      Yes! Now employers are asking to submit form 15G along with withdrawal form so as to ensure to deduct tax as TDS or not. You can refer this post on how to fill form 15G and let me know if you have any specific queries.

      Reply
  • June 16, 2015 at 3:53 PM
    Permalink

    hi,

    my previous employer had asked me to fill form 15g as per new rule for PF if amt is more than 30000/-
    I am not sure which section of schedule to be filled.
    as i have not made any investment and my current income is below the tax slab.
    Also i want to knw if the previous income is to be filled as gross or net ? how would this impact my tax deduction on PF

    Reply
    • June 16, 2015 at 7:34 PM
      Permalink

      Hi Shabina,

      You need to mention all the income on net basis after tax saving deductions/exemption. So is the case while you enter salary income.

      Reply
      • June 17, 2015 at 9:58 AM
        Permalink

        Thank u for ur reply

        And wht do I mention in the schedule, I don’t have any investment this yr, since my pay is within tax slab. Is it necessary to mention the schedule

        Reply
        • June 17, 2015 at 10:32 AM
          Permalink

          Hi Shabina,

          You may leave those blank!

          Reply
  • June 17, 2015 at 1:09 PM
    Permalink

    Sir i had FD of 50000 which was matured on 16 march 2015 .bank deducted Rs467 TDS on that.now i renewed that FD again for one year with less interest rate.can i get that Rs 467 back after filling 15G form.what should i do for the ren

    Reply
  • June 17, 2015 at 1:27 PM
    Permalink

    Sir
    1) i had FD of Rs 50000 which was matured on 16 march 2015 .bank deducted Rs467 TDS on that.now i renewed that FD again for one year with less interest rate.can i get that Rs 467 back after filling 15G form.what should i do for the renewed FD.?
    2)i have another FD of 1lakh which gonna mature on 23june 2015.its interest is Rs 9300.if i fill 15G form will i get full interest on due date? And shall i fill same form for these two FD’s or fill separately

    Reply
    • June 17, 2015 at 7:39 PM
      Permalink

      Hi Amit,

      Filing form 15G now ensures bank will not deduct TDS further (but you will have to submit every year). Whatever TDS was deducted on March 16, 2015 can be refunded if you file your IT returns by the due date for the AY 2015-16 (FY 2014-15) which is fortunately extended to August 31, 2015.

      For the FD which is expected to mature in June 23, 2015, depends on bank if they consider currently submitted form 15G then you can avoid TDS.

      Reply
  • June 17, 2015 at 2:53 PM
    Permalink

    1. As per the link mentioned for KNOW YOUR JURISDICTION it shows my ward as Thane but how do i knw which is my oreviius ward and present ward ?

    2. I left my jon on 01 April 2015. what should be Assessment yr and Last assessment yr ?

    3.what do i mention in the Declaration / Verification
    i.e. Previous year ending on ____ relevant to the assessment year ______ . … Column 22 for the previous year ending on ________ relevant to the assessment year ____

    Reply
    • June 17, 2015 at 6:43 PM
      Permalink

      Hi Shabina,

      If you have filed IT returns earlier then you can find earlier jurisdiction through ITR-V Ack. If you haven’t then refer same Thane Jurisdiction as previous as well as present Ward.

      Since you will be receiving PF payout in FY 2015-16 then you should right AY as 2016-17 & Last AY as 2015-16.

      For your query #3, repeat same as above.

      Reply
  • June 17, 2015 at 4:04 PM
    Permalink

    Tq so much it is really helpful.
    I have to withdraw my PF and while filling form 15G I have below doubts it will be great if u can clear that?
    1) What will be my present ward circle and AO Code ie field no 10 and 20
    2)As per your above answer my Assesment Year is 2016-17 so what will be my Last Assesment Year?
    3)Field 6 is for Status i.e. your income tax status which would be Individual i am not getting shall i fill INDIVIDUAL? In field 6?
    4)I dont have any investments so what needs to be entered in Fields 21 22 24
    5)Last is in Declaration section there is a space to provide assesment year —- will not exceed the max amount what needs to be entered there?

    Thanks in Advance.:)

    Reply
  • June 17, 2015 at 4:06 PM
    Permalink

    Also i am below the age of 60 so is form 15 H required to withdraw my PF?

    Reply
    • June 17, 2015 at 6:19 PM
      Permalink

      Hi Nikita,

      Yes! Form 15G is applicable in your case, but it depends on your total annual net taxable income which supposed to be lesser than minimum tax slab i.e. Rs. 2,50,000.

      Reply
      • June 17, 2015 at 6:45 PM
        Permalink

        Thanks but i am asking for 15 H not 15 G

        Reply
        • June 17, 2015 at 7:29 PM
          Permalink

          Hi Nikita,

          Since you said “age below 60” so without seeing, it came to my mind that you are referring form 15G. To reconfirm you, for age below 60 years, Form 15G is applicable, not form 15H.

          Reply
  • June 17, 2015 at 6:46 PM
    Permalink

    Tq so much it is really helpful.
    I have to withdraw my PF and while filling form 15G I have below doubts it will be great if u can clear that?
    1) What will be my present ward circle and AO Code ie field no 10 and 20
    2)As per your above answer my Assesment Year is 2016-17 so what will be my Last Assesment Year?

    Reply
  • June 17, 2015 at 6:46 PM
    Permalink

    3)Field 6 is for Status i.e. your income tax status which would be Individual i am not getting shall i fill INDIVIDUAL? In field 6?
    4)I dont have any investments so what needs to be entered in Fields 21 22 24
    5)Last is in Declaration section there is a space to provide assesment year —- will not exceed the max amount what needs to be entered there?

    Thanks in Advance.:

    Reply
    • June 17, 2015 at 7:26 PM
      Permalink

      Hi Nikita,

      3. For filed #6, write status as “Individual”
      4. Leave blank if you have no investments
      5. AY 2016-17

      Reply
      • June 18, 2015 at 11:38 AM
        Permalink

        Thanks Soubhagya,

        Was really helpful.
        🙂

        Reply
        • June 18, 2015 at 12:15 PM
          Permalink

          You are most welcome Nikita 🙂

          Reply
  • June 19, 2015 at 5:33 PM
    Permalink

    Sir, My annual income is <2.15 lac/year and my company HR not asked me to submit any tax returns. they told that I need not submit tax returns as my annual income is less. Now my HR is asking me to fill up form 15G to get my provident fund. In this case what are all the details I need to fill in 15G form. What are the columns I can leave without filling up.

    Reply
    • June 23, 2015 at 11:15 AM
      Permalink

      Hi Vamsi,

      All personal, financial years details you can put. Leave investment sections as you don’t have any (I assume). Finally in total Income from all above section, put how much is your net income. Let me know if you have query on any specific point.

      Reply
      • June 23, 2015 at 6:07 PM
        Permalink

        Thank you sir. Can you please suggest me which fields I need to leave empty. Is there any thing I need to fill up in Part B… What is that I need to fill in Assessment year.

        Reply
        • June 23, 2015 at 6:28 PM
          Permalink

          Hi Vamsi,

          You can fill all the details as asked upto field 21. For field 22, you can finally put taxable income. Leave all the schedules. For assessement year (if you are filling the form now), put 2016-17.

          Reply
          • June 24, 2015 at 10:50 AM
            Permalink

            Thank you so much sir. You’re really helpful

          • June 24, 2015 at 12:06 PM
            Permalink

            You are most welcome Vamsi!

  • June 21, 2015 at 5:35 PM
    Permalink

    Sir,
    I need to fill form 15g to get pf amount. But I am confused that in which column I have to fill of details.Because in some column fd and rate of interest also entered but for pf withdrawal it is necessary.

    Reply
    • June 22, 2015 at 5:12 PM
      Permalink

      Hi Tilak,

      If you have currently any FD running then do enter else you can leave those spaces blank.

      Reply
  • June 23, 2015 at 6:05 PM
    Permalink

    Hello,
    Information provided was really helpful.
    Also i would like to get a clarity on the below scenario – PF withdrawal. Could u help me on this?
    I want to withdraw my PF amount, which is >30000. My previous employer is asking for form 15G. now i have joined new company where i am paying NIL(taxable income is <250000) tax after all declarations(home loan, HRA and Insurance). In this case, weather i'm eligible to submit 15G? If so, Part II in the form 15G will be filled by my previous employer?

    Reply
    • June 24, 2015 at 8:52 AM
      Permalink

      Hi Saran,

      Yes! you are eligible to submit form 15G in this case. Part II is not for you (it will be filled by previous employer). You can put a total income figure in section 23.

      Reply
      • June 24, 2015 at 10:01 AM
        Permalink

        Hi Soubhagya,

        Thanks a lot for the confirmation. i have few questions in filling 15G.

        1) in the page 2 of 15G, ” for the previous year ending on ……. relevant to the assessment year …..will be nil. *I/We also, declare that *my/our*income/incomes referred to in Column 22 for the previous year ending on…….. relevant to the assessment year …….. will not exceed the maximum amount which is not chargeable to income-tax.” is mentioned. for previous year i have paid a tax of 8K. only in my current year my tax is NIL. Here they are asking me to declare my previous year tax as NIL. What should i do here?

        2)What should i mention in the column 23? whether is should mention the taxable amount which is <250000?

        Reply
        • June 24, 2015 at 12:12 PM
          Permalink

          Hi Saran,

          1. You need to write previous year ending on 31st March and relevant assessment year will be AY 2016-17. Repeat the same in the next line.
          2. Yes, you need to put the amount which is <Rs. 2,50,000

          Reply
  • June 24, 2015 at 10:55 PM
    Permalink

    Hi ,
    I need to submit this form 15G to withdraw my PF amount.
    Status – Individual
    **Signature of Declarant – Do I need to sign here?
    In the Declaration/Verification section, previous year ending on —— it is 2014-2015 and assessment year will be 2015-16 right?
    Please answer

    Reply
    • June 25, 2015 at 9:21 AM
      Permalink

      Hi Divya,

      If you are filling Form 15G now, then “previous year ending on” would be March 31st i.e. for 2015-16 and assessment year will be 2016-17.

      Reply
  • June 27, 2015 at 9:14 PM
    Permalink

    Hi,

    I have to fill the form for PF withdrawal. Can you pl help me which column i have to check under column 22 and for that schedule how should i calculate the amount of PF.

    Reply
    • July 3, 2015 at 10:14 PM
      Permalink

      Hi Madhusmita,

      If you have registered yourself for UAN (Universal Account Number) as introduced by EPFO then you can very well check your PF balance for withdrawal. Form schedule 22, you need mention your total income which should not be taxable.

      Reply
  • June 28, 2015 at 10:39 PM
    Permalink

    I want to withdraw my PF from my previous organization : —

    1. I left my job on 29th Jan 2015. what should be Assessment yr and Last assessment yr ?

    2. in the page 2 of 15G, ” for the previous year ending on ……. relevant to the assessment year …..will be nil. *I/We also, declare that *my/our*income/incomes referred to in Column 22 for the previous year ending on…….. relevant to the assessment year …….. will not exceed the maximum amount which is not chargeable to income-tax.”

    ———– as previous organization my income is not under tax but now from June 2015 it is under tax so —“relevant to the assessment year …….. will not exceed the maximum amount which is not chargeable to income-tax.—” What should i do here?

    Reply
    • July 3, 2015 at 10:01 PM
      Permalink

      Hi Subhankar,

      1. If you are filling up form 15G now then AY should be 2016-17 & last FY will be 2015-16
      2. Previous year ending 31st March 2016 & relevant AY will be 2016-17. And same for the next line.

      Reply
  • June 29, 2015 at 12:50 PM
    Permalink

    Dear Mr. Patra,

    I am submitting my PF Claim forms to my previous organization which is based out of Hyderabad. However, my place of posting was in Assam, my home location. I have onbtained my PAN details and the Area Code, AO Type, Range Code and AO. No. etc. from the link you have shared above and thank you for the same. However, I am still having some doubts related to the filling up of the Form 15G, the following are my queries if you could kindly attend and confirm:
    1) Point. No. 7 Assessed in which Ward/Circle. Now since I never filed any ITR on my own but I relied on my company and received Form 16s ever year, what should I write in Point No. 7 of Form 15G.

    2) Similarly for Point No. 14, since I was never asked to fill up Form 15G before, shall I put this section BLANK? But at the same time I believe my income was assessed through my company since I was given Form 16s. Please help me understand this section.

    3) Will the Point Number 17 & 20 for the Present Ward/Circle and Present AO details be remained same as it is mentioned in the Income Tax website against my PAN Details?

    4) For Point No. 22 for estimated total income from sources such as Shares (Schedule I), Securities (Scehdule II), Sum on Interest (Schedule III), Mutual Funds (Schedule IV) & NSC (Schedule V), this is to inform that I ONLY have Unit Linked Insurance Policies whereby I do have any details of which particular share/unit the funds are invested. So where do I declare my interest earned from the ULIPs?

    5) For Point No. 23 for Estimated Total Income, does the income that should be mentioned is EXCLUDING the HRA paid and the ULIP Investments u/s 80C of IT? Or it should be the the sum of my Net Salary for the FY 14-15 (till March 2015)?

    I would sincerely request you to kindly help me have some clarity to my queries.

    Regards,
    Amitabh

    Reply
    • July 3, 2015 at 9:58 PM
      Permalink

      Hi Amitabh,

      Answers as below

      1. If you haven’t filed any returns earlier then you can leave that space blank
      2. Here income assessed means, you should have filed returns. Merely company issuing form 16 is not enough. So leave blank
      3. Yes
      4. If you have any income then put else leave blank
      5. Income should be after all exemptions, deduction ect such as HRA things you mentioned, 80C etc.

      Sorry, if my reply is too late for you.

      Reply
  • July 1, 2015 at 1:28 PM
    Permalink

    Hi Mr.Patra,
    I am trying to withdraw my pf which is greater than 30000. My previous employer asking form 15g. Now I have joined a new company where I am paying tax after all declarations. I have pan number with me. In this case , am I eligible to submit 15g? If not than am I going to pay the tax @ 34.608. I have already submitted my form 19 to my previous employer. According to their email if they won’t receive form 15g. They are going to submit my pf withdrawal form to pf office. What should I do.

    Reply
    • July 3, 2015 at 9:48 PM
      Permalink

      Hi Anshul,

      Since your income for the current FY is 2015-16 is taxable then you are not eligible for submitting Form 15G. Please note, tax of 34.608% as TDS will be deducted if your earlier employer doesn’t have your PAN with them or you fail to submit. So you should ensure PAN is already updated at the time of submitting withdrawal form. In such case TDS will be only 10%.

      Refer this link: http://www.succinctfp.com/index.php/tds-on-premature-withdrawal-of-epf-us-192a-wef-june-1-2015/

      Reply
  • July 2, 2015 at 1:09 PM
    Permalink

    Hai Kumar,

    Its a great and usefull article,

    My previous employer is asking me to submit the 15G form for the 2 Year old PF claim. And he is telling that bank will be fill it and will be give it to me on request.

    Can you comment on this situation.

    Thanks in Advance

    Reply
    • July 3, 2015 at 9:42 PM
      Permalink

      Hi Ravi,

      Thank you for appreciating!

      No! Bank will not fill it for you. You can download form 15G, fill-up and submit it with your employer. May be your employer doesn’t want to assist you what and all to fill in if you ask them 🙂

      Reply
      • July 5, 2015 at 11:40 AM
        Permalink

        Hi Kumar,

        its a great reply.

        Im working in third company and yet past 2 companies PF claim pending.

        Will it will be the better idea to merge the both (UAN) with the present and claim from here at last, as the campnaies are nearly 1500kms long from my stay

        And also pls suggest the possible time for merging the accounts, because I’m resigning the present job also and will be closing this PF in a month as I am moving to abroad (Present PF chennai, Past two Gujarat)

        Thanks in advance

        Reply
        • July 5, 2015 at 4:07 PM
          Permalink

          Hi Ravi,

          If you are looking at conveniences purpose then yes merging both (old PFs) with new employer will be good idea. But remember! until you are employed with current employer, you can not withdraw PF balance. Wrt to time-line of merging of accounts; sorry I am unable to say anything on this.

          Reply
  • July 3, 2015 at 1:26 PM
    Permalink

    Cool article by very well explained, Even great replies then and there. Love it

    Thanks a lot 🙂

    Please post your blog if any for income tax related things

    Thanks once again 🙂

    Reply
    • July 3, 2015 at 9:31 PM
      Permalink

      Hi Prasanth,

      Thank you for appreciating. You may search within the blog with key words, hope you will get something you are looking for. Also you can subscribe to emails to receive latest blog post as and when released.

      Reply
  • July 8, 2015 at 3:53 PM
    Permalink

    Hi ,

    I have not done any assessment of my income till now and i dont have any other income from other sources listed in the form.Do i need to submit the form or shall i submit with blank in that columns?

    Appreciate for your help!!

    Regards
    Aneel

    Reply
    • July 10, 2015 at 9:29 PM
      Permalink

      Hi Aneel,

      It is advisable to submit form 15G/15H which actually proves you have no income or total income which is not taxable. You can submit the form at bank with basic details, with current & previous financial years in which interest amount is expected to credit.

      Reply
  • July 11, 2015 at 11:34 AM
    Permalink

    Hello Soubhagya,

    Your article is very nice but i am having following doubts. Please help me in clarifying:
    1) I am an NRI and my indian salary doesnt fall under income tax slab for last year i.e. 1st april 2014 to 31st march 2015 . If i am correct this means (FY 2014-2015 and Assesment year 2015-2016)? Now , i have started few deposit accounts in 2014 which will get mature on 2015 but i have chosed re-invest of principal and interest. So , do i need to submit form 15g to bank?
    2) I have used netbanking option of hdfc to submit my form 15g so still i need to submit the form physically on bank? bank said 2 options are there via netbanking or manual?
    2) If form 15g only needs to be submitted for that financial year when deposit is getting finally matured?

    Regards
    Saurabh

    Reply
    • August 15, 2015 at 10:03 AM
      Permalink

      Hi Saurabh,

      Find answers below;
      1. Yes
      2. I suggest you, get a cross check with bank to avoid TDS issues later
      3. Beginning of each financial year and at the time of any new deposit you make.

      Reply
  • July 12, 2015 at 12:52 PM
    Permalink

    Respected Sir,
    I had a employee of a company in 2006 to 2010 and left the job in 2010 feb. So in the 15g form column 14 last assessment year in which assessed ? which year i filled?

    Reply
    • July 12, 2015 at 8:35 PM
      Permalink

      Hi Tilak,

      This will be the year in which you filed your IT returns last time.

      Reply
  • July 13, 2015 at 8:19 AM
    Permalink

    Hi Soubhagya ,

    Article is very nice still i am having following doubts , please clarify.

    1) I am holding few deposit accounts in my hdfc back which are getting matured this august but option has been set to re-invest principal and interest. So still i need to submit form 15g?
    2) i have already submitted form 15g using netbanking of hdfc but the receipt is not having any of my password embedded so does it mean i have to submit it physically to bank branch? I heard that hdfc can take online submission?
    3) while filing my tax return of Assesment year 2015-2016 and FY 2014-2015 do i have to mention about all my deposits , will it help me in anything. I am an NRI for year 1st april 2014- 31st march 2015.
    Thanks
    Regards
    SAURABH

    Reply
    • August 15, 2015 at 10:01 AM
      Permalink

      Hi Saurabh,

      Find answers below;
      1. Yes
      2. I suggest you, get a cross check with bank to avoid TDS issues later
      3. Yes, you should

      Reply
  • July 14, 2015 at 1:37 AM
    Permalink

    Hello there,

    This is wondeful artical and helped me understand many things which i have no idea about. I live in the US and i want to withdraw my PF. It was rejected asking for PAN and form 15G/15H. My PF amount is more than 250,000 rupees. I read form 15G/15H should not be submited by NRIs. Can you please advise, if i still go ahead and submit 15G/15H or only PAN?
    Thank you so much in advance.
    Kiran

    Reply
    • August 16, 2015 at 9:13 AM
      Permalink

      Hi Kiran,

      Non-submission of 15G shouldn’t reject your application, but certainly due to PAN. You need to go ahead with withdrawal form and PAN.

      Reply
  • July 15, 2015 at 5:09 PM
    Permalink

    My PF started deducting from sep 2013 till jan 2015. So I have to calculate interest, total income for last year only?

    Reply
    • July 26, 2015 at 12:30 PM
      Permalink

      Hi Abhishek,

      Your complete PF amount is taxable if withdrawn before 5 years.

      Reply
  • July 17, 2015 at 4:57 PM
    Permalink

    Please send me filled Form 15 G

    Reply
  • July 19, 2015 at 5:17 PM
    Permalink

    Hats off to your selfless service Soubhagya. A million thanks to you.

    I have to update 5 FD details in 15G form. Earlier you mentioned that one has to enter these details in Annexure. Can I update those details at the bottom of 15G form itself or shall I attach a separate A4 size paper and update the FD details? Thanks…

    Reply
    • July 26, 2015 at 12:22 PM
      Permalink

      Hi Rohan,

      Thank you for appreciating! Yes, better to attach additional papers as annexure. Sorry for my late response.

      Reply
    • July 26, 2015 at 12:12 PM
      Permalink

      Hi Samir,

      It will be by the deductor.

      Reply
  • July 23, 2015 at 1:45 PM
    Permalink

    Sir,
    The article is really helpful. Thanks a ton for that. But I need your advice. I left my job and went for higher studies right now. I am not earning right now. Now what I need to fill in column no:22, 23 and what about part II can I left blank.
    Please suggest.

    Reply
    • July 26, 2015 at 12:03 PM
      Permalink

      Hi Nishant,

      Yes! leave that.

      Reply
  • July 24, 2015 at 11:38 AM
    Permalink

    Dear Sir, in column 23 of 15G about estimated total income of previous year should one write annual salary or annual salary minus amount contributed in ppf i.e the net salary?thank you

    Reply
    • July 26, 2015 at 11:09 AM
      Permalink

      Hi Manishs,

      It should be net income after all deductions. So it will be salary minus PPF contribution.

      Reply
      • July 27, 2015 at 7:33 PM
        Permalink

        Dear Sir Thank you so very much for your reply. Bank has deducted tds on my FD interest on 7th July for the quarter up to June 2015 and I have submitted 15G on July27th, I am eligible for 15G but how to know whether eligible for TDS return or not, If eligible for 15G does it mean eligible for TDS return and as it is flashing on your website that return date has extended,I checked income tax calendar and they have written date of”returns of income-tax and wealth tax” has extended up to 31 Aug 2015 does this include TDS return on FD or will TDS return date will remain upto 31st july2015. thank you

        Reply
        • July 28, 2015 at 10:33 PM
          Permalink

          Hi Manisha,

          Bank deducted TDS during for June 2015 is applicable for your IT filing during July 2016 (not for July 2015 now extended to 31-Augut-2015). Whatever TDS bank has taken now can be claimed next year only.

          Reply
  • July 25, 2015 at 9:39 AM
    Permalink

    Hello Sir,

    I left from my previous organization on oct 2014. So what i need to fill in assessment and last assessment year

    Thanks in advance

    Reply
  • July 25, 2015 at 9:44 AM
    Permalink

    Sir,

    I want to fill form 15g for my pf withdrawl. I have few doubts. Please help me out.

    I left from my previous organization on oct 2014. So what i need to fill in assessment and last assessment year.

    2. What i need to mention for the below point
    21. Jurisdictional Chief Commissioner of Income‐tax or Commissioner of Income‐tax (if not assessed to
    Income‐tax earlier)

    3.what i need to mention for point 7 and 17. Assessed and present ward circle.

    Thanks in advance

    Reply
    • July 26, 2015 at 10:51 AM
      Permalink

      Hi Yuvarani,

      1. It should be the financial year for which you filed your ITR last time.
      2. If not assessed earlier, then leave blank
      3. Check for PAN jurisdiction based on your PAN online.

      Reply
  • July 25, 2015 at 10:34 AM
    Permalink

    I’ve withdrawn my NSC amount, approximately it is 4300/- but now I do not remember the exact amount and account number, so what to fill in Form 15G ?

    Reply
    • July 26, 2015 at 10:51 AM
      Permalink

      Hi Shankar,

      Account number may not be mandatory, but check with post office (where you had the deposit) for the amount.

      Reply
  • July 26, 2015 at 12:04 AM
    Permalink

    Hi Sir,
    I have worked for an mnc bank more than a year and left the job on June,2014. I have filled the form 10c and 19b to withdraw my Pf amount on December 2014. But the forms have been returned last week stating that I need to fill the form15G if I had worked for less than five years and if the pf amount is less than or equal to Rs.30000.
    Now, am filling the form 15G. I have filled the columns upto 20. After that, I couldn’t understand what to be filled. I m not getting any dividends or interest or nothing. I am Juz maintaining a savings account in Indian bank. At present, am not working anywhere. So, please assist me what I need to fill columns after 20. And when will be my last date to submit those forms to get my full pf amount, where my Pf amount is 30000 only.

    Reply
    • July 26, 2015 at 10:36 AM
      Permalink

      Hi Lakshmi,

      If there is no dividend income or any such income, you can leave that space blank. You will submit to submit the form along with the withdrawal form.

      Reply
  • July 28, 2015 at 6:10 PM
    Permalink

    sir i have few doubts
    1. i resigned my company in jan 2015 and i want to withdraw my pf , so what should be filled in assessment year? 2015-16 or 2016-17?
    2. what should i fill in column 23, is it the total the total sum of my 12 months salary of last year?
    pls help me sir

    Reply
    • July 29, 2015 at 12:21 PM
      Permalink

      Hi Rakesh,

      1. If you are filling up the form now then the AY will be 2016-17
      2. Total taxable income for the financial year 2015-16

      Reply
  • August 15, 2015 at 1:39 PM
    Permalink

    Hello Sit,
    I have worked with an organisation from Nov 2010 to July 2014. What will be my assesment year (field 3 form 15g) and what will be last assesment year (field 14 form 15g).Pls relpy.

    Reply
  • August 15, 2015 at 1:42 PM
    Permalink

    Hello Sir,
    I have worked with an organisation from Nov 2010 to July 2014. What will be my assesment year (field 3 form 15g) and what will be last assesment year (field 14 form 15g).Pls relpy.

    Reply
    • August 16, 2015 at 8:41 AM
      Permalink

      Hi Shaikh,

      If you are filling up the form now, then Assessement Year will be 2016-17 and last Assessement Year should be 2015-16.

      Reply
  • August 16, 2015 at 12:47 PM
    Permalink

    Thanks a lot sir….U have been very helpful…..

    Reply
    • August 16, 2015 at 1:37 PM
      Permalink

      You are most welcome Shaikh!

      Reply
  • August 17, 2015 at 9:22 PM
    Permalink

    Sir,

    I worked in a company from 2006 to 2008(about 2yrs and 8 months). But this company is no longer into existence. But the HR for the company is present in one of the sister concerns of the company I worked in. So I have recently obtained the PF form and got the HR signature on it. then I got to know about 15 G, two things I want to inquire about :

    a) If I do not provide the 15g while submitting the PF form but provide them a copy of my PAN card, can the PF office decline my form?
    b) Who needs to fill Part II of the form? Just suppose my previous employer don’t fill it then?

    Reply
    • August 18, 2015 at 9:41 PM
      Permalink

      Hi Sumit,

      a) No they should not decline, but TDS will be levied at 10% on available balance of PF that you wish to withdraw
      b) I think the HR who gave you the form, you can get a clarification from there.

      Reply
  • August 24, 2015 at 11:33 AM
    Permalink

    Sir,
    I was resigned a company on April 2015, after that i was joined in foreign company.
    What should I fill in column 23, since i don’t have any taxable income and also my income in India is below the TDS limit because i have Policies and saving schemes.
    My Assessment year is 2016-17
    Last assessment year is 2015-16. Am I right?
    Please help me regarding this column 23.

    Reply
    • August 30, 2015 at 1:30 PM
      Permalink

      Hi Sai,

      If you have any savings bank account interest then put that in col 23.

      Reply
  • August 25, 2015 at 12:10 PM
    Permalink

    Dear sir,
    I have 4 years-11 months accumulated amount Rs. 83000(ES+ErS+Pension) up to March-15
    I have no TED deductions in my income because I have LIC and medical policies. At present I am working in abroad. So that what should I mention in column 23?
    Total taxable income(0)+EPF amount(53000(83K-30K)
    Still my savings are exceeding my taxable EPF income. Shall I deduct that amount also in column 23?

    Reply
    • August 28, 2015 at 9:44 PM
      Permalink

      Hi Sai,

      No! You should not. let it be.

      Reply
  • August 25, 2015 at 4:23 PM
    Permalink

    hi,

    from my previous company i was paid around 20,000 monthly.
    in my pay slip no tax was deducted. only pf contribution was their.
    i called PF office thane. they said i need form 19, 10c and 15 g for pf withdrawl.
    now what should i fill in form 15-g apart from my personnel details . i have never paid tax. as i think it was not covvered in taxable slab.

    please help

    Reply
    • August 28, 2015 at 9:41 PM
      Permalink

      Hi Rijul,

      Do let me know if you have any question on particular point/col. You are required to fill this form to prove you have no taxable income.

      Reply
  • August 26, 2015 at 10:52 PM
    Permalink

    Hello Sir,

    Iam trying to clain my PF amount after 2 years of working.
    This is my third year of employment.
    I do not have any investments or Tax decalaration to show.
    But, when I tried to withdraw my PF amount, The form application was sent back asking to fill up Form 15-G. (which needs a copy of the PAN card)

    I am not sure how to fill this form .
    Please suggest the mandate steps I need to fill in for my PF withdrawal.

    Thankyou

    Reply
    • August 28, 2015 at 9:39 PM
      Permalink

      Hi Vyas,

      Do let me know if you have any question on particular point/col

      Reply
  • August 27, 2015 at 2:27 PM
    Permalink

    Hi,
    I have applied for PF withdrawal from my previous employer. I left the organization on 25 April, 2013. Now while filling the FORM 15G I am bit confused as to what would I mention in the assessment year (for which declaration is being made) section and last assessment year in which assessed.
    Kindly help.

    Reply
    • August 28, 2015 at 9:26 PM
      Permalink

      Hi Sarad,

      If you are filling now, then assessment year will be 2015-16. For last assessment year in which assessed will be the year you filed ITR.

      Reply
  • August 28, 2015 at 12:27 PM
    Permalink

    Dear Sir,
    I am ramchandra from vizag
    my pf application was rejected due to non filling of col no.21&22 in form15, so pls suggest me ..what information can i fill their in respective col no’s.
    and how can i get the details…..
    i don’t have any IT deductions in my previous employer bcoz my salary not upto that.
    col no.21:how can i get
    col no.22_ no shares,securities,not given for interest, not have mutual funds and no NSS.
    but PF office people asking me should fill the details in both col’s 21&22.
    otherwise my application will be reject again.
    pls suggest me how can i go ahead….

    Reply
    • August 28, 2015 at 9:11 PM
      Permalink

      Hi Ramchandra,

      You will have to refer PAN jurisdiction for the filed 21,. If you do not have any income as asked in col 22, then you can leave. But in col 23, put any income receivable for the current year.

      Reply
  • September 21, 2015 at 2:29 PM
    Permalink

    Dear Soubhagya Kumar Patra ,

    my self Rajesh kumar jha i wouldlike to know about the how to fill the 15 G form & is it applicable for me

    Reply
    • October 1, 2015 at 6:58 PM
      Permalink

      Hi Rajesh,

      Do let me know, details about your sources of income and how much are they if any.

      Reply
  • September 22, 2015 at 11:58 PM
    Permalink

    I M NOT UNDERSTOOD THE 15G FORM 24. NO.POINT

    HOW TO FILL THE SCHEDULE 1 SCHEDULE 2 SCHEDULE 3?

    IS IT MANDATORY TO FILL ??

    PLEASE HELP ME

    Reply
  • September 24, 2015 at 2:35 PM
    Permalink

    i have never paid Income Tax because my CTC is not so much please help me to fill 15G form for withdrawal of PF.

    Reply
    • October 1, 2015 at 6:53 PM
      Permalink

      Hi Anuradha,

      Let me know what questions you have while filling up the form.

      Reply
  • September 29, 2016 at 5:57 PM
    Permalink

    Please send filled form 15G

    Reply

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