I will get Rs 30000/pm as pension after commutation which is sufficient for me but I need some money to cater for Income Tax. It seems to be around Rs 90000 per year.
Please tell how are the following details regarding the Retirement Benefits have to be filled in the ITR1 form?
Commutation of Pension
Payment from Provident Fund
Payment from Superannuation Fund
(These are covered under Section 10 for tax rebate)
(Which section in ITR1 is used for defining the rebate under section 10?)