Tax on two income: slary and pension

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 October 2013 i receive two income one from re-employment and other from retirement pension. form 26 as reflects income from salary correct but different from pension, actually received and shown in 26AS. how to calculate income as no form 16 available for pension.
no TDS shown in pension income reflected in 26AS. but partial amount of pension paid is reflected in 26AS.
what may be reason for it.
in case pension shown in 26AS and reflected in IT as actual paid return mismatch then?

ANIL SULEGAI PREMANATH

ANIL SULEGAI PREMANATH (Expert)
Follow

28 October 2013 Form 26AS need not show all your incomes. The income is reflected in Form 26AS just because TDS is deducted from the salary which has been paid to you.

Hence, if you have any other income apart from salary you need to add it to the gross total income and claim the necessary rebates and shall file your income tax returns after payment of taxes/claim refund (as applicable in your case).

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now