Pension income
This query is : Resolved
23 February 2018
hello sir , one of my client got a pension of Rs.51542 in 2016-17 .On that tds of Rs.1717 also deducted and it is showing in 26AS.Now what my doubt is how that tds has been deducted i.e on what basis ?.And how we need to show that amount in It return? is that Tds amount is sufficient or the tax payer has to pay more tax on that pension income.The taxpayer is private company employee.
23 February 2018
1. Seems tax is deducted u/s 206AA I ie., @ 20% plus cess.
2. Show that amount in return form under TDS column.
3. Left open.
2. Show that amount in return form under TDS column.
3. Left open.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Internship/Academic shown in Salary Pay Slip of a Doctor
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Liable to deduct tds and 44ADA
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
