This is most relevant for entities which have borrowed monies from individuals who are not chargeable to tax. An example would be a loan to a private company by the individuals non-working parents or spouse. Payee can now submit their self-declaration (Form 15G / Form 15H) either in paper form or electronically to the Payer … Continue reading Revised Procedure for non-dedcution of TDS against Form 15G / Form 15H