Covid-19: CBDT extends time for depositors to f...

Covid-19: CBDT extends time for depositors to file 15G, 15H forms

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Covid-19: CBDT extends time for depositors to file 15G, 15H forms

The Central Board of Direct Taxes (CBDT) has clarified in a circular issued on April 3 (Friday) that Forms 15G and 15H submitted to banks for financial year 2019-20 will be valid up to June 30.

Normally, depositors have to submit the forms if tax at source is not to be deducted by banks while paying/crediting interest on the deposits. In the normal course, for financial year 2020-21, they would have had to submit the forms April 1, 2020, before the date when the interest becomes due.

https://www.thehindubusinessline.com/economy/co...

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Any update ?

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mastervijay wrote:

Any update ?

bank official said its valid till 30 June 2020 no further updates as yet

but some banks have enabled online submission on internet banking account

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desiman wrote:

bank official said its valid till 30 June 2020 no further updates as yet

but some banks have enabled online submission on internet banking account

Valid till 30th june means.. do we need to submit this month itself or 1st week of july ?

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mastervijay wrote:

Valid till 30th june means.. do we need to submit this month itself or 1st week of july ?

the forms which were submitted last year April 2019 are valid till June 2020

after that it depends if they start taking new forms at the counter or extended

BTW – do check your internet banking or mobile app some banks have already updated the submission to the FY 2020 – 2021 and there u can fill in online and submit

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