📢 Form 15G/15H Submission – Due by 30th April, 2025

As we approach the end of the financial year, it's important to stay compliant with all required tax formalities. One such crucial task is the submission of Form 15G/15H for the January–March 2025 quarter.

🗓️ Quarter: January – March 2025

The due date for furnishing the Form 15G/15H declarations collected during this quarter is 30th April 2025.

📝 What are Form 15G and 15H?

  • Form 15G and Form 15H are self-declaration forms that individuals can submit to banks and other financial institutions to ensure that no TDS (Tax Deducted at Source) is deducted on their income.

  • Form 15G is for individuals below the age of 60 years and Hindu Undivided Families (HUFs).

  • Form 15H is exclusively for senior citizens (aged 60 years or above).

By submitting these forms, eligible individuals declare that their total income is below the taxable limit and therefore no TDS should be deducted on their interest income.

✅ Who Needs to Submit?

  • Individuals earning interest income on fixed deposits, recurring deposits, or other savings.

  • Senior citizens looking to avoid unnecessary deduction of TDS.

  • Taxpayers whose total taxable income is below the basic exemption limit.

Note: It is mandatory for deductors (like banks, financial institutions) to submit the forms collected during each quarter to the Income Tax Department on or before the prescribed due date.

⏰ Why Timely Submission Matters?

Failure to submit these forms by the due date can lead to:

  • Penalties for the deductor.

  • TDS being deducted even if the income is not taxable.

  • Compliance issues for the financial institutions and taxpayers.

Therefore, it is important to act promptly and ensure all declarations collected for Jan-Mar 2025 are filed by 30th April 2025.

📞 Need Assistance?

We at Taxla Services are here to make your tax compliance easy and stress-free!

📞 Contact us today: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com
📍 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

🔖 Stay compliant, avoid penalties, and file on time with Taxla Services!

#Form15G #Form15H #IncomeTaxIndia #TaxCompliance #DueDateAlert #TaxlaServices #ChennaiTaxExperts #FinancialYearEnd



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