Superannuation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2015
Hi,
I just resigned from an organization and my employer has detected TDS on superannuation I received.
Now I have filed my ITR - 1without showing income of superannuation and hence claimed refund in ITR....
My query.. Is it correct to ask for refund or I have to pay tax regarding the superannuation....
Thanks in advnace... Please guide me as I want to save tax because I am not earning now...
I have taken voluntary retirement....
I just resigned from an organization and my employer has detected TDS on superannuation I received.
Now I have filed my ITR - 1without showing income of superannuation and hence claimed refund in ITR....
My query.. Is it correct to ask for refund or I have to pay tax regarding the superannuation....
Thanks in advnace... Please guide me as I want to save tax because I am not earning now...
I have taken voluntary retirement....
31 July 2015
Your employer might have deducted tax considering taxable payments on superannuation. You can't claim refund without showing taxable superannuation income. Try for any tax saving schemes.
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