09 June 2012
good morning to all experts, can you please told me that supoose a man rec. pension per month 20000. and he also do job in a private limited co. his salary is 25000. than what private co. will deducted tds only salary . than what is the role of pension. in his case
09 June 2012
Two options are available viz., i) declare the pension to the employer company and ask them to deduct tax on salary and pension as well. ii) let the employer deduct tax on salary alone and the employee pay tax on pension and file the return.