Is that necessary to pay advance tax for family pensioners. Where are banks are not deducting any TDS monthly?
2 Replies
aayush vijayvargia
(22 Points)
Replied 20 June 2019
If pension is received through a nationalized bank, TDS provisions are applicable as is the case with salary income. However, TDS is not deducted on family pension as it does not come under the ambit of section 192 of the income tax act.
Naveen Biradar
(12 Points)
Replied 21 June 2019
Now I need to pay advance tax or self assessment tax?
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