Employers category in itr 2

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An officer retired voluntarily from BSNL.He is getting pension from Govt. of India,DOT O/O CCA Gujarat Circle,Ahmedabad.through Gandhinagar Post Office. In ITR 2 what will be his Employer Category to tick ? Govt or PSU or Others ?
Replies (10)

BSNL is Governmental company

Sir , BSNL is CPSU. Employer category in ITR 2  is for those who are in employment.Here is a case of a pensioner who retired from BSNL but is receiving his pension from Govt. of India through Post Office. So can we not tick the employer category in ITR 2 Part A General as 'others' instead of Govt or PSU ?

Sir, the category will be "NA" as the assessee is NOT in employment, he is not getting money due to some work that he is doing curently hence he is not employed according to me.

Right sir, Exactly I am of the same opinion. But In ITR 2 Part A General , one has to tick out of three categories only i.e. Govt or PSU or Others. Option 'Not Applicable'  is not made available. What to do now ?

When the pension is received by an assessee himself from his previous employer it shall be taxed under the head Income from salary. The pension received by you periodically seems to be uncommuted pension. Any amount received as Uncommuted Pension is fully taxable in the hands of both govt and non-govt employees.
BSNL is a fully owned Govt. company. Don't confuse between Govt co.and PSU. PSUs are those companies which were nationalized under an act of parliament. So you should choose employer category as 'Govt'

In view of various/ different opinions expressed above, concluding opinion of an expert CA supporting Income tax Departmental Act/Rules is solicitated please.

 

Please see the attached screenshot from current AY ITR2, it clearly states EMPLOYER CATEGORY (If in Employment) >> and you are not in employment right now. In options, you have option to mark "Not Applicable" as marked in orange arrow. 

When the pension is received by an assessee himself from his previous employer it shall be taxed under the head Income from salary.

Completely agree with Harshal.

Well said:: whether received from Governmental/PSU/Private/ any agency; department is concerned about its taxability. Any ITR never seen been rejected over employer's catagory, but for its taxability.

If taxable, has it been properly assessed or not?

We are least concern about any company and its catagory, if its not hurdle in our subjects.. That the employee who has retired from the same should know better. 

On this CCI Forum platform we try to learn and discuss about subjects which matter us more. For any other matters there are abundent sites available on web

Thnx Mr. Udgam Koomar for a condrete solution .

Originally posted by : Udgam Koomar
Please see the attached screenshot from current AY ITR2, it clearly states EMPLOYER CATEGORY (If in Employment) >> and you are not in employment right now. In options, you have option to mark "Not Applicable" as marked in orange arrow. 

 

 

When we choose Not Applicable in employer category in ITR2, then is the taxpayer allowed to fill up Schedule SALARY?


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