Wednesday, May 24, 2017

INCOME TAX ON DEFENCE PENSION









 INCOME TAX ON DEFENCE PENSION

FOR THE BENEFIT OF OUR VETERANS, WE ARE PUBLISHING ONCE AGAIN
 
Dear veteran brothers,

We all have received arrears on account of OROP, Cir 547, De-Linking  and 7th Pay commission  during the Financial Year 2016-2017. Due to this, Income Tax is deducted from our arrears.

As these arrears is from 2006, hence if you calculate the break up  the arrears -year wise, the Tax will be less or no Tax..

For this we have to prepare the Income Tax Form  10E  and  file for IT refund.

Our Trust is preparing the 10E   and guiding the veterans How to file IT Return.

Interested veterans can approach us for guidance  by giving their particulars with a donation of Rs.500-for Preparing Form 10E.

INCOME TAX RELIEF FOR DEFENCE PENSIONERS FOR THE FY 2017-18

A large number of Defence Pensioners have been subjected to Income Tax deduction during the Financial Year 2016-17 because of the payment of Delinking Arrears, 7 CPC Arrears and OROP arrears.
Most of the lower rank pensioners such as Sepoy, Naik & Hav can get Tax Relief if they file Form 10E and IT return.  Low paid Senior Citizen Defence pensioners and Super Senior citizens pensioners will get complete relief from the tax and get refund.

Some Banks have deducted unproportionate amount of Tax without considering the submission of Pan Card by the pensioner. Therefore it is emphasized that all the Low Paid Defence pensioners must submit Form 10E and File IT return in time to get full relief/refund.

The Exwel Trust had made arrangements to help these pensioners to get relief easily.  Those who want Assistance in filing the 10E and Tax Return please contact Exwel Trust with following information immediately.

PARTICULARS OF THE PENSIONER REQUIRED FOR INCOME TAX RETURN


1. Name of the Pensioner:
    a) Date of Birth____________b) Father's Name________________
2. Mobile No.
3. Pan No.
4. Permanent Address
5.Rank
6. Qualifying Service
7. Group
8. Date of Retirement.
9. Present Pension
10. Name of Bank and Branch.
11. Account No.
12. Amount of DL 33 Arrears Received: & date paid
      (a) Amount of Tax deducted on DL 33 Arrears.
13. Amount of Last instalment of OROP Arrears received. & date paid.
14. Amount of 7 CPC arrears received and date paid.
15. Total Tax deducted by bank.
16. A copy of the bank statement for pension from Apr 2016 to Mar 2017 to be sent.
17. Please collect Form 16 from Bank (TDS Certificate) and send.
18. If you have paid tax earlier, send copies of all previous returns.
19. If this is the first time paying tax, please mention "First Time"
20. Suppose if you have   IT Log in password you have to share with us for filing tax return.
Form 10E and IT return are prepared based on the information provided by you.  Therefore, please give correct information.
Please call Exwel Trust Office No.0462-2575380 for any further information.
Please visit our Websit: www.exweltrust.in for more information.
SEND THE ABOVE INFORMATION TO: EXWEL TRUST, 3D ST.MARK ST. SAMATHANAPURAM, TIRUNELVELI 627002.  
 Email: esmwelfare@yahoo.in 

PLEASE FURNISH FULL DETAILS CORRECTLY.  WE WILL NOT BE ABLE TO HELP IF ANY INFORMATION IS MISSING OR WRONG.  THIS IS VERY IMPORTANT.

LAST DATE FOR FILING INCOME TAX RETURN IS 31ST JULY 2017.
YOU CAN FILE IT RETURN WITH THE HELP OF  10E FORMS PREPARED BY US WITH ANY AUDITOR.


1 comment:

  1. Sir, I filed my return on 4th of Aug 17, as I am employed in a private sector, my Annual income crossed 15L including arrears, pension n salary, I had to pay tax more than 90k this time, I have filled 10E too. Till this year, I was not showing my pension income, am I still entitled to refund of my tax

    ReplyDelete

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