20 January 2019
I have been granted Disability Element of Pension from 11 April 2018 as per the Judgement of Armed Forces Tribunal Kochin in OA 296/2017.The processing of the Case took a long time and Principal Controller of Defence Accts Pensions Allahabad issued Corrigendum PPO sanctioning Disability Pension on ly on 26 November 2018.
In the mean while my Bank has deducted TDS from my pension. Disability Pension arrears from 11 April 2018 up to December 2018 have been paid on 02 January 2019.
Could you please advise me on the procedure which I need to follow to claim refund of TDS because the whole of my Pension is exempt from Income Tax from 11 April 2018.
20 January 2019
you would be able to claim the refund of the tax credit only via filing of income-tax return. So you need to wait for the financial year to end and then file the tax return. An alternative, could be for the bank to revise the TDS return and cancel the TDS credit. But that may not be as easy to get done. So best is to file the return and claim refund of excess tax credit.