eFiling Consultant
144 Points
Posted on 09 June 2012
Dear Rajiv,
If the assessee receiving the pension from the bank, the bank itself deduct the TDS, or If the assessee was the govt employee then the treasury itself deducts the TDS when they feel the pension would cross the slab. OR
If the assessee discloses his actual income inthe begining of the financial year then with his consent you can deduct the tds as per his projected income of the year. If he discloses at the end of the year inthe statement of income then you can deduct TDS in the last month salary if the TDS exceeds the last month salary you ask him to remit the balance into govt ac through bank challan.