Tds on pension

 

good morning to all experts,
                             i have a query abt. tds on pension, supoose a men is retired army captian.after  retirement he did not job anywhere. he rec. only pension 20000. than will he rec. pension deduct tds @ 10%. if yes than where he will get form 16a.
Replies (4)

IF TDS IS DEDUCTED THEN FORM 16 WILL BE ISSUED BY THE BANK FROM WHERE HE IS RECEIVING PENSION AFTER DEDUCTING TDS.

 

 

yup. form 16 can be recd. from the bank in which such pension is recd.

yes, bank shd take form 16 from you, they may have forgotton, now give form 16 to bank. if already deducted you have to file return , yes meet the PRO of your relevant I T O/ A O please friend 

Please read the sub para 5 of Para 8 of CBDT issued by the Govt in May 2011 for better clearity.Their PDA (Bank or trasery) is responsible to deduct the TDS is liable otherwise their (pensioner's) investments/expenses can easly cover the the same it is not a big ammonut ............   

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details