Form 15H is a declaration made by a resident individual of 60 years or more, stating that their estimated total income including specified income and aggregate amount of such income for the financial year will be nil. The person responsible for paying the income should accept this declaration unless the income exceeds the maximum amount not chargeable to tax after deductions or setoff. Declaration is invalid if the declarant fails to provide a valid Permanent Account Number or Aadhaar Number.
Form 15H is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
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