FORM 15 H OF INCOME TAX FOR SENIOR CITIZENS

FORM NO. 15H

[See section 197A(1C) and rule 29C]

Declaration under section 197A(1C) to be made by an individual who is of the age of sixty years or more claiming certain incomes without deduction of tax.

PART - I

1. Name of Assessee (Declarant)

2. PAN of the Assessee1

3. Date of Birth2 (DD/MM/YYYY)

4. Previous year(P.Y.)3 (for which declaration is being made)

5. Flat/Door/Block No.

6. Name of Premises

7. Road/Street/Lane

8. Area/Locality

9. Town/City/District

10. State

11. PIN

12. Email

13. Telephone No. (with STD Code) and Mobile No.

14 (a) Whether assessed to tax4:   Yes

No

(b) If yes, latest assessment year for which assessed

15.  Estimated  income  for  which  this  declaration  is made

16. Estimated total income of the P.Y. in which income mentioned in column 15 to be included5

17. Details of Form No.15H other than this form filed for the previous year, if any6

Total No. of Form No.15H filed

Aggregate amount of income for which Form No.15H filed

18. Details of income for which the declaration is filed

Sl. No.

Identification number of relevant investment/account, etc.7

Nature of income

Section  under  which tax is deductible

Amount of income (Principal Amount)

……………………………………….

Signature of the Declarant

Declaration/Verification8

I……………………………….do hereby declare that I am resident in India within the meaning of section 6 of the Income-tax Act, 1961. I also hereby declare that to the best of my knowledge and belief what is stated above is correct, complete and is truly stated and that the incomes referred to in this form are not includible in the total income of any other person under sections 60 to 64 of the Income-tax Act, 1961. I further declare that the tax on my estimated  total  income  including  *income/incomes  referred  to  in  column  15  *and  aggregate  amount  of

*income/incomes referred to in column 17 computed in accordance with the provisions of the Income-tax Act, 1961, for the previous year ending on .................... relevant to the assessment year ..................will be nil.

Place:……………………………………………….. Date: ………………………………………………..

………………………………………………………. Signature of the Declarant

               

PART – II

[To be filled by the person responsible for paying the income referred to in column 15 of Part I]

1. Name of the person responsible for paying			2. Unique Identification No.9
3.  PAN  of  the  person  responsible  for paying		4. Complete Address		5.  TAN  of  the  person  responsible  for paying
6. Email	7. Telephone No. (with STD Code) and Mobile No.				8. Amount of income paid10
9.      Date     on      which       Declaration    is          received (DD/MM/YYYY)			10. Date on which the income has been paid/credited (DD/MM/YYYY)

Place: ………………………………………………..                                    …………………………………………………

Signature of the person responsible for paying Date: ……………………………………………….                                                    the income referred to in column 15 of Part I

*Delete whichever is not applicable.

1As per provisions of section 206AA(2), the declaration under section 197A(1C) shall be invalid if the declarant fails to furnish his valid Permanent Account Number (PAN).

2Declaration can be furnished by a resident individual who is of the age of 60 years or more at any time during the

previous year.

3The financial year to which the income pertains.

4 Please mention “Yes” if assessed to tax under the provisions of Income-tax Act, 1961 for any of the assessment year out of six assessment years preceding the year in which the declaration is filed.

5Please mention the amount of estimated total income of the previous year for which the declaration is filed

including the amount of income for which this declaration is made.

6In case any declaration(s) in Form No. 15H is filed before filing this declaration during the previous year, mention the total number of such Form No. 15H filed along with the aggregate amount of income for which said declaration(s) have been filed.

7Mention the distinctive number of shares, account number of term deposit, recurring deposit, National Savings Schemes, life insurance policy number, employee code, etc.

8Before signing the declaration/verification, the declarant should satisfy himself that the information furnished in this form is true, correct and complete in all respects. Any person making a false statement in the declaration shall be liable to prosecution under section 277 of the Income-tax Act, 1961 and on conviction be punishable-

(i)     in a case where tax sought to be evaded exceeds twenty-five lakh rupees, with rigorous imprisonment which shall not be less than six months but which may extend to seven years and with fine;

(ii)    in any other case, with rigorous imprisonment which shall not be less than three months but which may extend to two years and with fine.

9The person responsible for paying the income referred to in column 15 of Part I shall allot a unique identification number to all the Form No. 15H received by him during a quarter of the financial year and report this reference number along with the particulars prescribed in rule 31A(4)(vii) of the Income-tax Rules, 1962 in the TDS statement furnished for the same quarter.  In case the person has also received

Form No.15G during the same quarter, please allot separate series of serial number for Form No.15H and Form No.15G.

10The person responsible for paying the income referred to in column 15 of Part I shall not accept the declaration where the amount of income of the nature referred to in section 197A(1C) or the aggregate of the amounts of such income credited or paid or likely to be credited or paid during the previous year in which such income is to be included exceeds the maximum amount which is not chargeable to tax after

allowing for deduction(s) under Chapter VI-A, if any, or set off of loss, if any, under the head “income from house property” for which the declarant is eligible. For deciding the eligibility, he is required to verify income or the aggregate amount of incomes, as the case may be, reported by the declarant in columns 15 and 17.".