CBDT has prescribed form No. 15G & 15H for Declaration under section 197A (1)(1A) of the Income-tax Act, 1961, for an individual or a person (not being a company or a firm) claiming certain receipts without deduction of TDS. Further CBDT has mandated filing of Form No. 15G and 15H with Income Tax Department by deductor vide Notification No. Notification No. 4/2015 – Income Tax – (01/12/2015) and Notification No. 76/2015 – Income Tax – (29/09/2015) while deductor can submit the self-declaration either in paper form or electronically .
Given Below is the Procedure to e-File Statement of Form No. 15G/15H with Income Tax Department by Deductor
To file the “Statement of Form 15G/15H”, user should hold valid TAN and should be registered as “Tax Deductor & Collector” on Income Tax e-filing website . If not already registered, he should Go to Register yourself- >Tax Deductor & Collector and complete the registration process.
Perform the following steps to download the form 15G and 15H, further how to upload the form:
|Step 1||Visit the ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in|
|Step 2||Go to the ‘Downloads’ located below the login button ⇒ Click ‘Offline Utilities’ ⇒ Click ‘Other Forms Preparation Utilities’|
|Step 3||Click ‘Download’ link available under ‘Utility’ column ⇒ Extract the download ZIP file|
|Step 4||Update all the mandatory fields ⇒Click ‘Generate XML’ located at upper-middle side of the utility ⇒ Save the XML at your desktop|
|Step 5||After saving the generated XML, Upload the XML file at e-Filing Website|
|Step 6||Go to the ‘e-File’ menu located at upper-left side of the page ⇒ Click ‘Submit form 15G and 15H (consolidated)’|
|Step 7||Select ‘Financial year’, ‘Form Name’, ‘Quarter’ and ‘Filing Type’ from the dropdown list ⇒ click Validate|
|Step 8||Attach the XML and DSC at the option ‘Attach the XML file*’, ‘Attach the Signature file*’ ⇒ Click ‘Submit’
Note: You must have registered Digital Signature Certificate (DSC) to generate and attach a signature file. If you have not registered DSC
How to view uploaded Forms?
|Step 1||Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in|
|Step 2||Go to ‘My Account’ menu located at upper-left side of the page ⇒ Click ‘View form 15G/form 15H(Consolidated)’|
|Step 3||Select ‘Financial Year’, ‘Form Name’ and ‘Quarter’ to view details.|
List of validations
Below are the list of validations carried out on the uploaded statements.
Republished with Amendments