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Clarifications regarding use of Form No. 16 for pensioners where pensioners are drawing their pensions through banks 1. The attention of the Board has been drawn to certain difficulties being faced by pensioners drawing their pensions through banks where the tax deduction at source certificate in the prescribed Form No. 16 is some-time denied to them on the ground that no employee-employer relationship exists between the banks and the pensioner. At times, objections have also been raised by the banks on the premise that Form No. 16 relates to deductions from salaries and not from pensions. In other cases, the certificates have been denied on the ground that the bank was not aware of any other income which the pensioner may have had.

EMPLOYEE NEWS & 7th CPC: Clarifications regarding use of Form No. 16 for pe...: 1184. Clarifications regarding use of Form No. 16 for pensioners where pensioners are drawing their pensions through banks 1....

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