Memo.No.D4/ 1381/2019, Dt.19.11.2019 Sub:- Pensions - T & A Dept — Obtaining of savings particulars from the pensioners for IT purpose during the current Financial Year 2019-20 — Certain instructions — Issued — Reg. All the Deputy Directors of District Treasuries in the state including all pension disbursing officers are well aware that it is mandatory to effect TDS from the pensioners and they are requested to obtain savings/exemptions from the pensioners for IT purpose during the current Financial Year 2019-20 during the period from 15th November to 15th December in the proforma enclosed and the details of savings/exemptions shall be fed in IMPACT package of pensions before 25-12-2019, so as to effect TDS from the pensioners from the pension payable on 1st January, 1St February and 1st March of 2020 respectively, to avoid statutory notices from the IT Department. Pensioners TDS Deductions Instructions DTA Memo No D4
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Pensioners TDS Deductions Instructions DTA Memo No D4
Personal attention of Deputy Directors of all (13) District Treasuries & ATO, APCRT is drawn to the above subject.- All the Deputy Directors of District Treasuries in the state including all pension disbursing officers are well aware that it is mandatory to effect TDS from the pensioners and they are requested to obtain savings/exemptions from the pensioners for IT purpose during the current Financial Year 2019-20 during the period from 15th November to 15th December in the proforma enclosed and the details of savings/exemptions shall be fed in IMPACT package of pensions before 25-12-2019, so as to effect TDS from the pensioners from the pension payable on 1st January, 1St February and 1st March of 2020 respectively, to avoid statutory notices from the IT Department.
- In view of the above circumstances, all Deputy Directors of District Treasuries in the state are requested to follow the above instructions scrupulously without giving scope for inconvenience to the pensioners and to mitigate notices from the IT Department.
- 1. If any exemptions are claimed by the pensioners other than the mentioned above, they have to furnish necessary authority for claiming such exemptions, STO's may bring such rule/exemption to the notice of the undersigned.
- 2. No Tax concession shall be allowed under 80GG, if the pensioner is residing in his own house.
- 3. Donation to charitable trusts, permanent disability to Handicapped dependents shall not be accepted by the DDO directly. They shall be shown in IT return to be filed by the pensioner before IT Department on or before 1st July and refund should be claimed from IT Department only.
- 4. Standard deduction of Rs.40,000/- or the amount of annual/yearly pension whichever is less will be allowed U/s16(1)(a) for the Financial Year 2018-19.
- 5. Rebate up to Rs.2500/- to resident individuals with taxable income up to Rs.350000 (U/s 87A).
- 6. In case of any further doubts in the matter, the Treasury officer may consult the local IT officer or charted accountant and take a decision in the matter as Treasury officer is competent authority for deduction of TDS. The treasury officer can edit the income tax recovery amounts in IMPACT - Pension package as he is the Tax recovering authority in the capacity of DO.
- 7. In respect of pensioners without valid PAN CARD, income tax shall be recovered at double the applicable rate.
- 8. In respect of arrears of pension received, Tax shall be collected by the Treasury officer initially on arrears amount at applicable rate and remit to IT department. Later the pensioner shall file return to IT department and claim refund of IT by filing 10 € from as per sec. 89(1) of IT Act. 9. Amount recovered from pensioner towards excess paid pension amount shall
