Procedure of filing of income tax return
This query is : Resolved
18 July 2022
Assessee has two source of income i.e. (i) Pension and (ii) interest on savings bank account. His pension is exempt u/s 10(18) and thus only an amount of Rs. 25420/- as SB interest reside as taxable income.
Now my question is do he has to file his income tax return ?
If yes, then is it ITR-1 ?
His pension amount is auto populated in IT return from AIS. if I put this auto populated amount as "0" (Zero) in salary part then an warning comes as " Salary income entered is less than salary details provided by the employer. Please re-verify" . What to do in this case ?
Are there any other procedure which have to follow in filing return ?
Please suggest and many many thanks in advance !
Now my question is do he has to file his income tax return ?
If yes, then is it ITR-1 ?
His pension amount is auto populated in IT return from AIS. if I put this auto populated amount as "0" (Zero) in salary part then an warning comes as " Salary income entered is less than salary details provided by the employer. Please re-verify" . What to do in this case ?
Are there any other procedure which have to follow in filing return ?
Please suggest and many many thanks in advance !
18 July 2022
If pension is exempt u/s. 10(18) of the act, fill the details in Schedule 'Exempt Income' and not under 'Salary'.
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