31 March 2025
hii i am government employee working in REVENUE AND FORESTS DEPARTMENT MANTRALAYA received pension of RS . 2139374 after deducting tds of rs 5,00,000 for the F.Y. 2023-24. pension received is on my retirement. please help me what to do??
13 April 2025
As a retired government employee, your commuted pension (i.e., lump sum pension received upon retirement) is fully exempt from tax under the Income Tax Act. File an ITR before the due date (Dec. 31, 2025) and claim the refund.