good morning to all experts,
can you please told me that supoose a man rec. pension per month 20000. and he also do job in a private limited co. his salary is 25000. than private co. will deducted tds only salary . than what is the role of pension. in his case
TDS Clarification: Company to Deduct TDS on Salary, Pension Provider Handles TDS on Pension Income. A query was raised regarding the tax deduction at source (TDS) on income from both pension and salary. The individual receives a monthly pension of 20,000 and a salary of 25,000 from a private company. The response clarified that the private company is responsible for deducting TDS only on the salary. Meanwhile, the entity disbursing the pension will handle TDS on the pension amount. (AI Summary)