Excess pension of 1.12 lakhs was paid in fy 2018-19 by treasury which was not due to me. they paid by mistake.
In fy 18-19 they deducted tax on it.
Am I liable to pay tax on amount which paid to me mistakingly and being recovered back in fy 19-20 on bringing to notice this mistake by me only. they were not aware of the Blunder done.
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Excess Pension
Replies (3)
u are not liable to show 1.12 L as income in ur ITR . however u can claim the TDS dedn on it but next year u may not claim this tds as already claimed in 19-20
fy 18-19 they excess amount and deducted TDS
now in fy 19-20 they are recovering the excess amount paid in monthly installments
now in fy 19-20 they are recovering the excess amount paid in monthly installments
good clarification and information
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