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Taxation on Returns

What happens if Forms 15G/15H are not submitted?

If Forms 15G/15H are not submitted and the interest earned exceeds the tax exemption limit or tax rate, the bond-issuing company will deduct TDS (Tax Deducted at Source) at the applicable tax rate.

If Forms 15G/15H are not submitted and the interest earned exceeds the tax exemption limit or tax rate, the bond-issuing company will deduct TDS (Tax Deducted at Source) at the applicable tax rate.

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