Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...
The Income Tax Act, 2025 has replaced Forms 15G and 15H with a unified Form 121 for TDS exemption claims, applicable from April 1, 2026. Taxpayers with income below the taxable limit must submit it ...
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