Dear Experts,
On e of the individuals has stop income tax return file after retirement from his service since last 5 yeras as his income was not taxable. Recently a pension arrear has been received and bank started deduction of TDS.
Now if he want to file hios income tax return for A.S.2013-2014, is he eligible?
Please inform with explanation.
Regadrs,
Yes he is eligible and he should file ITR to claim refund... On the other hand, he should submit form 15H/15G to banks to direct them not to deduct TDS as his income does not fall in any of the tax bracket...
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