login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

When can I submit Form 15G/H for non-deduction of TDS?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

The Form 15G/H needs to be submitted at the beginning of every financial year or at the time of deposit if in case the investment is done during financial year. In case of entities/companies the Lower tax deduction certificate needs to be submitted immediately after the date of issue or before 31st Mar (financial year end) whichever is earlier.

Note:- Form 15G/H is not applicable for cases wherein the deposit interest exceeds the tax exemption limit set by the income tax department. i.e Rs.2.5 lacs for individuals & Rs.3 lacs for senior citizens OR as applicable time to time.

Related articles

5 Things You Need To Know About A Utility Vehicle

Utility vehicles, the unsung heroes of the commercial world, play a pivotal role in various industries. As you gear up to make an informed decision about your next business partner on wheels, here are...

KNOW MORE

February 2, 2024

Factors-That-Influence-Home-Loan-Interest-Rates

What Are Factors That Influence Home Loan Interest Rates

Owning a dream home is no longer a distant dream with the availability of home loans. However, understanding and managing the financial aspects of a home loan can be overwhelming, especially when it c...

KNOW MORE

August 14, 2024

9 Things To Keep In Mind When Applying For A Used Car Loan

Looking to buy a used car? But before you apply for a used car loan online, it’s essential to understand the process and consider various factors to ensure you make an informed decision. From un...

KNOW MORE

April 18, 2024