Other income included in the form 16

This query is : Resolved

Sowmya.S.Balan

Sowmya.S.Balan (Querist)
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09 March 2012 Dear Sirs

In our case we have a teacher in school who had received pension of Rs .218000 from govt. in addition to salary paid by us. Salary paid by us amounted to Rs. 180000 after deductions. Govt does not deduct TDS on the said 218000. Whether we are required to deduct tax on amount including 218000 in the head salary .If there any problem on deducting Tax from pension received from govt. If there any problem in showing pension amount in Form 16 issued by us

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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09 March 2012 If the employee has declared the income, then the employer shall calculate the total tax liability on the total income inclusive of such declared income.

In this case, the pension income shall be added to the salary income and tax shall computed on such total income.

The said tax liability shall have to be deducted by way of TDS.

You will show the pension income in Form 16 and also details of TDS.

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Other income included in the form 16

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