Only one Form 15H should be allowed to be filed
Filing of Form 15H is difficult for Senior Citizens. From this FY 20-21 Companies will deduct tax if dividend amount is more than Rs.5000/-. This requires Senior Citizens to be on the look out for dividends being declared by companies if they have investment in shares and mutual funds.
I have sent the following Tweet to FM today:
"Madam filing of Form 15H to many agencies is difficult for Senior Citizens. Only one Form 15H should be allowed to be filed on website of Income Tax with a link to PAN No. which can be accessed by all agencies making payment without TDS". more
I have sent the following Tweet to FM today:
"Madam filing of Form 15H to many agencies is difficult for Senior Citizens. Only one Form 15H should be allowed to be filed on website of Income Tax with a link to PAN No. which can be accessed by all agencies making payment without TDS". more
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Oh I doubt wheter any action will be taken this year s as they need more funds.But let us hope. more
Jul 02
Very good idea that should be implemented. FM should find ways to make invesents and tax payment and filling easier for all with special concern for senior citizens. Even the forms seeking data should be simpler with free required details instead of one full page and cost of printing unnecessary details. more
Jul 02
