Hello Sir,
We the Senior citizen got Higher Pension Arrears from EPFO of last 10 Years . (Approx 10 to 20 Lakh). EPFO has deducted 10 % TDS. However while depositing TDS , EPFO has deposited u/s 192 A. In AIS it sh:ows Recipt of Accumulated Balance due to employee" which is factually incorrect. Since we wants to claim relief u/s89 , EPFO should show as pension arrears u/s 192. We have given representation to EPFO, but they are reclutant to modify. If we filed return and claim u//s 89 relief whether it will create any Problem ? 2) Secondly in Pune Region EPFO has not yet deposted TDS towards arrears paid and TDS deducted before 31st March. Whether the employees show income in next year, it will create any problem? arrears actually received in FY 2025-26. TDS amount is average 1.50 Lakh. If they show income , Tax will have to pay TAX in FY 2025-26 and Next year they will have to claim refund . Representation given to EPFO, but no positive resposne. What is remedy for us.
CAclubindia
