Standard deduction against provident fund monthly pension

D K KHARBANDA (KRIBHCO) (50 Points)

15 July 2016  
Kindly clarify if there is any standard deduction on Provident Fund monthly pension which a person gets during financial year after retirement from company/ PSUs. Under which item/ column, the amount of this pension has to be mentioned in ITR, if the person himself is alive and getting pension.