Pension Holder Itr

This discussion explores the deductions a pension holder can claim when filing their Income Tax Return (ITR). It clarifies whether expenses like LIC premiums, medical costs, or investments can be deducted from pension income. The post also mentions that if pension is treated as salary, a standard deduction may be applicable, and introduces ITR-1 (Sahaj) as the form for individuals with salary, pension, and interest income.