Hi, Please clarify if the individual has to to attest or employer has to attest PAN copy and 15G for settelment of PF.
From India, Bangalore
From India, Bangalore
Employee will have to attest PAN card and sign 15G before submission.
Please submit 15G with care.
A false or wrong declaration in Form 15G attracts penalty under Section 277 of the Income Tax Act. "Prosecution includes imprisonment which may range from three months to two years along with fine. The term can be extended up to seven years and with fine, where tax sought to be evaded exceeds '25 lakh.
Eligibility Criteria: The basic two conditions for filing 15G are -one, the final tax on his estimated total income computed as per the provisions of the Income Tax Act should be nil; and two, the aggregate of the interest (excluding interest earned on securities) received during the financial year should not exceed the basic exemption slab which is Rs 2.5 lakh. If these criteria are met, you may submit Form 15G
So see your total income during the year before submitting form 15G
From India, Pune
Please submit 15G with care.
A false or wrong declaration in Form 15G attracts penalty under Section 277 of the Income Tax Act. "Prosecution includes imprisonment which may range from three months to two years along with fine. The term can be extended up to seven years and with fine, where tax sought to be evaded exceeds '25 lakh.
Eligibility Criteria: The basic two conditions for filing 15G are -one, the final tax on his estimated total income computed as per the provisions of the Income Tax Act should be nil; and two, the aggregate of the interest (excluding interest earned on securities) received during the financial year should not exceed the basic exemption slab which is Rs 2.5 lakh. If these criteria are met, you may submit Form 15G
So see your total income during the year before submitting form 15G
From India, Pune
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