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Saturday, 25 August 2018

TDS from arrears

Normally total pension for the year 2018-19 being received by pre 8/97

pensioners is less than taxable limit ie 3.5 lac For persons aged less than 80

arrears being paid by lic in september will require lic to deduct TDS @ 10%

Pensioners may avail of benefit under sec 80 c  to save tax if they so desire

Please  consider and inform your divl office  in writing  of your intention 

at the earliest

s r arora

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