FILING OF 10E FOR OFFICERS

FILING OF 10E FOR OFFICERS

All prematurely retired officers (Those who have retired before completing 28 years) were paid Delinking arrears as per CDA Cir.568.

The tax deducted on these arrears is increased proportional to the amount of arrears paid.  Since the arrears were accrued from 2006 and paid now, there is good scope of claiming tax relief u/s 89 by filing 10E before filing tax return.  A Lt. Col with 22 years service getting 6.5 lac delinking arrears will get around 1.25 lac tax relief u/s 89. The following information is required to file 10E.

1. Financial year wise pension income from 2005 to 2017.

2. Year wise breakup of delinking arrears received.

The above information can be obtained from bank.  An officer who has paid tax regularly from 2005 can make use of his Tax return copy for recording the pension income from 2005.

An officer, who has not filed tax so far can also file 10E and claim relief.  All pensioners must insist the bank to issue pension statement from 2005.  Also they have to obtain delinking arrears working sheet from bank to prepare break up from 2005.  This is the situation regarding income tax for officers this year. 

 Those who want any help may contact Exwel Trust. Phone:0462-2575380. Or send mail to esmwelfare@yahoo.in .  Also please visit our website www.exweltrust.in.  Some useful guidelines are given in Signals parivar website also. click here for signals parivar

Financial year wise pension income from 2005 to 2017 and year wise breakup of the DL 33 arrears are a must for claiming relief u/s 89.  Try to get and claim relief.  If there is a will, there is a way.  Nothing is impossible.