View All Due Date - IT || Due Date - IT || Due Date - GST || Filing of SPL-01/ SPL-02 where payment made through GSTR 3B and other cases || Advisory on filing of Amnesty applications under Section 128A of the CGST Act || Due Date - GST || System Validation for Filing of Refund Applications on GST Portal for QRMP Taxpayers || Due Date - GST || Order u/s 119(2)(a) of the Income-tax Act,1961 regarding processing of returns filed u/s 139 of the Income-tax Act, 1961 beyond the prescribed time limit || Barring of GST Return on expiry of three years || Advisory regarding non-editable of auto-populated liability in GSTR-3B || Due Date - IT || Due Date - IT || Due Date - IT || Extension of due date for furnishing return of income for the Assessment Year 2025-26 || CBDT extends date of filing of Income Tax Returns (ITRs) due for filing by 31st July 2025 to 15th September 2025 || Due Date - GST || Due Date - GST || Attention - Advisory on reporting values in Table 3.2 of GSTR-3B || Due Date - IT || Advisory on Appeal withdrawal with respect to Waiver scheme || Due Date - GST || Due Date - GST || Due Date - GST || Updates in Refund Filing Process for Recipients of Deemed Export ||

Direct Tax

PROVISIONS REGARDING 15G/15H

Form 15G/15H are issued with regard to non-deduction of TDS. There are separate provisions in context to both ordinary and senior citizen.

TDS shall not be deducted from the payment.

Provision regarding Ordinary Citizen: If the income of any individual before deduction is less than Rs. 1.90 lakhs (Rs 2.00 lakhs for assessment year 2013-14) then the exemption from deduction of TDS can be availed if such person submits form 15G to the deducter of TDS.

Provisions regarding Senior Citizen: There are different provisions regarding non deduction of TDS in the case of senior citizen. If the total income after all decution is less then taxable income then form 15H shall be issued for non deduction of TDS. According to these provisions if the income of senior citizen is less than Rs. 2.50 lakhs then deduction of TDS is not required. (in case super senior citizens it is Rs. 5 lakhs).

PAN is mandatory: Form 15G/15H issued after 1st. October 2010 will be accepted only when PAN is mentioned on it. These forms cannot be issued if PAN is not mentioned on it

Form 15G/15H should be submitted:

If any body for non-deduction of TDS has issued form 15G or 15H then the receiver of these forms is liable to deposit the same by seventh day of the month next to the month in which TDS was to be deducted. These forms should be submitted in the office of Commissioner instead of Assessing Officer. Forms received in the month of March should necessarily be submitted by 7th April.

If Form 15G/15H is not submitted timely then penalty of Rs. 100/- per day is imposed u/s. 271A (2) which shall not exceed the deductible tax.