TDS
This query is : Resolved
21 November 2009
Hi,
One person working in a ltd company and his income is more then 4 lakh pa and company deducted his tds and same deposited, he avails fully u/s 80C exemption but he was retire from Air Force and in this year he got his pension and arrears Rs 9,50,000. My question is can he save tax on Rs 9,50,000, if he save then how he can save tax. His age is 58 years.
One person working in a ltd company and his income is more then 4 lakh pa and company deducted his tds and same deposited, he avails fully u/s 80C exemption but he was retire from Air Force and in this year he got his pension and arrears Rs 9,50,000. My question is can he save tax on Rs 9,50,000, if he save then how he can save tax. His age is 58 years.
24 November 2009
yes he can claim relief under section 89
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