Filing Of ITR
Ashok Kumar Sharma
(Querist) 04 July 2011
This query is : Resolved
Dear Sir,
It well known fact to that 2nd pension option was offered to existing PF optees in Banks against COST. Following is position in detail:
1. 2.8% of Salary of Nov 2007 was recovered from the existing PF optees in the Bank for opting Pension Option. (The amount varies according to salary of the employee).
2. TDS was deducted on entire Arrears payable to the employee and the same was either deposited in Govt. Account of was kept in Sundries Account of the Bank.
3. In April 2011, Kerla High Court gave an interim injunction on this TDS (deducted on the cost to pension) for three months. This stay has been extended for further two months.
4. Now the question arises as how to file the ITR under these circumstance as the last date of filing of the return is 31st July and the interim injuction is effective till 31.08.2011.
Pl. guide.
soumitra basu
(Expert) 15 July 2011
Hold the return. You can file the same upto 31.03.2012. Do not make hurry.
