Clarification on declaration in Form 15G / 15H to be furnished to the Deductor / Payer for Each Financial Year vide notification No. 6 / 2017 dated 30th May 2017.
- Only one declaration in Form 15G / 15H to the Deductor / Payer is sufficient in respect of the income each year.
– Whenever new investments (i.e. FD or RD in case of Banks) are made and estimated total income / aggregate income changes, Depositor or Deductee to file new Form 15G / Form 15H providing particulars of total income and new investment details.