Matter of pansion


This query is : Resolved 

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Guest

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Guest (Querist)
23 May 2012 good morning to all experts,
i have a query abt. tds on pension, supoose a men is retired army captian age of this man 67 years.after retirement he did not job anywhere. he rec. only pension 20000. than will he rec. pension deduct tds @10%. if yes than where he will get form 16a.

V K Bajaj (Expert)
23 May 2012 No TDS.

He is a senior citizen and salaries or pension income up to 2.4 lakh per year is tax free.

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Guest

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Guest (Querist)
24 May 2012 MEANS SIR TDS WILL NOT BE DEDUCT IN THIS CASE.BUT SIR BANK WILL DEDUCT HIS TDS

V K Bajaj (Expert)
24 May 2012 OK

Then make a strong understanding from the bank as the reason of TDS - then contact me at vkbajaj1950@yahoo.ci.in


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