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Form 15H to the Bank

Monday, June 6, 2016 by Indian Real Estate News

 A senior citizen can can submit Form 15H to the bank only if the final tax on his computed income as per the provisions of the Income Tax Act is nil. Simply put, From 15H can be filed only if your net income is below the taxable limit of R3 lakh. Since your income is way above this limit, you cannot file Form 15H.
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