Sharad Hatekar 80 Vidyavihar, Pratapnagar NAGPUR %u2013 440022 Email: shatekar@rediffmail.com March 8, 2008 Subject: New Form 15H Dear Shree Rahul Goel, Today I casually read the Form 15H being made available to the customers in the SBI, Nagpur.
I list below the changes, I have noted, in this new Form 15H, as compared to the form 15H I had submitted in the first week of April, 2007, and which is as per the speciman on page 1.642 of TAXMANN's Income-tax rules, 2007: %u2022 The note in the new Form 15H below the heading reads %u2018see rule 29C (3)%u2019, against %u2018Rule 29 C (1A)%u2019 mentioned in the earlier Form 15H. %u2022 The new Form 15H has added a separate schedule for income from Mutual Funds. %u2022 The new Form 15H has deleted declaration No 3 which required the applicant to state his/her Age and a declaration that he/she is entitled to the rebate u/s 88B. %u2022 The declaration No. 3 in the new Form 15H is similar to the declaration No. 4 in the earlier Form 15H to state that the tax on his/her estimated total income including the interest other than %u201Cinterest on securities%u201D referred in Para 1, computed in accordance with income tax Act 1961, for the previous year will be NIL. %u2022 The declaration No. 6 in the earlier Form 15H, which required the applicant to state whether he/she is or is not resident in India within meaning of section 6 of the income-tax Act, 1961, is deleted in the new Form 15H.
Kindly advise if this new form 15H for claiming TDS exemption by Senior Citizen is val
I have just invested Rs 1 lakh in jm core 11 and Rs 50 thousand in reliance natural in NFO, I am also making an sip for Rs 2500/- each in jm contra , jm basic , reliance power and icici infrastructure. Please advise if the decision is correct or i need to make any changes in my profile.
