E filing itr2

Efiling 1474 views 1 replies

 

My query is in r/o. Schedule-S (Detail of Salary) of  ITR 2 .

I am pensioner  / retired central govt. employee.

As per my understanding is that pension amt. is to be filled against Salary in Schedule. But I am not sure which details/particulars are to be given in fields:- name of employer, address of employer ,city , Pin code &  State . Since I am a retired person there is no employer. Form 16 has been given to me by Bank through whom I am getting pension and said Form 16 against the details/particulars of employer: name of  bank ( which disbursed pension amount ) is given  & my name is given as employee.

Please clarify urgently, what are particulars  required to be filled by retired employee  in Schedule S ?

 

 

 

 

 

 

 

 

 

 

Replies (1)

You are right that pension details need to be filled in schedule S (where s stands for salary)

However , you are wrong when you say that form 16 doesnt contain name of employer, address of employer ,city , Pin code &  State ...it does and also contains more iportantly the TAN number as well 

Form 16 gives all details  like employer name , his TAN etc ...

Please checkthis video at https://www.youtube.com/watch?v=BvaTQIh6T2c for checking utility of form 16 

Please check this video at link https://www.youtube.com/watch?v=_z6sWa4q66c wherein i how a live example for filing e return but for ITR 1 ,i plan to do shortly for ITR 2 as well ,

(I have other 68 vids showing practical examples , seeing them will also immensely benefit you )

But coming back to your point , why do you need ITR 2 , if i am right in understanding , you are a retired employee deriving income from pension ....

You could very well use ITR 1 and in income details sheet ,fill the pension part inside income from salary head .....whatever tax has been deducted for the same , you can use tds Schedule 1 to populate this details using form 16 ....

And in case , your pension income is less thn 2 lakhs ,even if company has dedcuted TDS , you will get  refund onvce you file return ....

Anyways ,i think your income sources may be different ,so you have selected ITR 2...

Note that the selection of itr 1/2/3/4/5/6/7 is basically dependent onteh source of income .Alsoon each ITR for downloaded , you can see right at top who it is applicable for ,

Hope this helps ,please revert for further queries ,

Regards ,

Amlan

"I am a civil engineer , but  i am a student of knowledge ,so i find no subject difficult and before i die ,i will unleash knowledge to every part ofthe world ."

 


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