24 July 2022
Arrears of Pension for 6 years or so from 2016 were received from State Govt. in April 2022. There was no TDS from Pension before receipt of arrears. But after payment of arrears, besides TDS on arrears, some amount is being deducted from monthly pension as TDS towards Income Tax. If only pension amount of current FY is taken into account there will be no Income Tax dues for AY 2023-24 Sirs, (1) Is there any way to get TDS from monthly pension stopped? (2) Is there any due date to file Form 10 E to claim relief u/s 89:- can it be done before completion of the FY or has it to be done after 31March but before due date for filing ITR (normally 31July)?
24 July 2022
10E filing to be done after 31March but before due date for filing ITR (normally 31July). To stop TDS submit 89(1) statment to TDS deduction authority.
06 August 2022
You may contact your pension office and ask them to stop deducting TDS on the monthly pension by submitting the draft Form 10E. If Pension office refuse to stop the the TDS, you may apply for Lower Deduction certificate from TDS authourity and submit the certificate to pension department. Based on that pension depart will deduct tds at the rate specified in the certificate. w