The Income
Tax Act provides provision to deduct tax on interest income of the bank
customers in India.Bank customers at present use self declaration forms 15 G/H
to instruct banks from not to deduct tax at source.This policy of the
government is not good as this almost deceive GOI annually 50000 -70000 Crores { 500 -700 Billion }.Why we not abolish use of 15 G/H.The aggrieved persons may file ITR to get
refund.Please simplify rules so that banks can act properly.
Subscribe to:
Post Comments (Atom)
Cheque Return Memo reasons mentioned
Subject: Request for Mandatory Dual Reason Disclosure in Cheque Dishonour Cases To The Secretary, Ministry of Law & Justice, Gover...
-
My First Day as Ticket Collector in Indian Railways In 1990 at Sewagram Railway Station I began my railway career as Ticket Collector.I... -
My Applications to Reserve Bank of India in 2014 Application Application No: 201410000217 Status: CLOSED Submitted Date: 24-10-2014...
-
The following mistakes detected .Please rectify them 1.The ECI is committed to provide Election Booth to voters within 2 Km radius bu...
Money matters.
ReplyDelete