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Income from pension and fd interest

1132 views 12 replies

Kindly advise me on the following:

I am just retired in June'14 (60 yrs) and will have pension+bank FD interest. please clarify pension to be treated as income from other sources or salaries,

also which form need to be used for ITR

thanks

babu

Replies (12)
It will be treated as Salary. Use ITR- 1.

You may use ITR-1 to file your returns.

Fd interest other sources,pension under salary.You can use ITR-1.
Itr 1. Also check to claim tds on fd if deducted.
Use itr 1 and treat pension as salary and fd as income from other sources
I want to pay demand amount for a.y 2011-12.. so I want to know that demand amount comes under which of the following heads: Income tax interest penalty others
ITR 1 salary and other income.
Pension from employer treated as salary income and fd interest is charge in other sources. Use ITR1
You can file online by using Itr-1

RETURN ITR1

You have to use ITR-2 Because you have earned Pension ( Salary ) & Interest.

you have to use ITR-2 ..........Because you have derived income by way of Salary & Other Sources.


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