Advance tax for family pensioners


Naveen Biradar   20 June 2019

Naveen Biradar

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Is that necessary to pay advance tax for family pensioners. Where are banks are not deducting any TDS monthly?

 

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aayush vijayvargia   20 June 2019

aayush vijayvargia

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If pension is received through a nationalized bank, TDS provisions are applicable as is the case with salary income. However, TDS is not deducted on family pension as it does not come under the ambit of section 192 of the income tax act.

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Naveen Biradar   21 June 2019

Naveen Biradar

 12 points

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Now I need to pay advance tax or self assessment tax?


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