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Regarding Payment of Tax

24 May 2019

hi

I receive family from government. The bank is not deducting my TDS monthly. The banker is telling that you need to pay your tax by yourself through challan.

hence how can i pay my TDS monthly or tax monthly for 2019-20 F.Y.

what is the procedure.

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3 Replies

Giridhar S Karandikar (Team Lead) (7543 Points)
Replied 24 May 2019

you can assess your income at the time of filing your Return and pay the self assessment tax and then file your return by July

Naveen Biradar (12 Points)
Replied 24 May 2019

Hi Vinesh,

I receive monthly pension from government through bank. But bank is not deducting My TDS on family pension. Hence i want to pay some tax on family pension which i receive.

jacinthamary (accountant) (848 Points)
Replied 24 May 2019

The bank will not deduct TDS for pension since bank is not your PAO. Only the PAO or TO from where your pension bills are passed should deduct TDS. If they didn't deduct TDS you have to assess your income and pay tax accordingly as said by Giridhar S Karandikar