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Pension income in itr

Others 1591 views 1 replies

Dear Sir,

My co-staff is receiving pension from his past government job. He is also receiving PF Pension and LIC pension. Kindly help me on below topics.

1. Under which head we should show pension received from Government Job? (Salary income or Income from other sources.) If we have to show under salary income, what will be the employer name. We have present employer also.

2. Under which head we should show PF pension, and LIC pension?

Kindly help  me on above topics on urgent basis.

Thanks for your co-operation and needfull help.

Ajay Singh

Replies (1)

income from pension of all types will be shown under head income from salary. in case of pension from govt. TDS is deducted by bank paying the pension, you can show the govt. dept. name as employer but while filling TSD details the name of deductor will be the name of bank paying pension and deducting TDS


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