Punjab National Bank [PNB] — Non deduction of TDS from pension

Address:143001

1. I am having a saving account no: [protected], in which my pension is credited every month since sep 2006.

2.in-spite of repeated requests, the branch manager did not deduct the tds on my pension, saying that they have received instructions "not to deduct the tds" of pensioners who are receiving disability pension.

3. This was contrary to the "taxation" laws and statutory guidelines, and copy of the instructions on tds was requested, and the same was given to me.

4. The circular of your business division, new delhi dated 20 jan 2017, in fact clarifies and clearly states that the disability pension is not taxable, and to deduct the "tds" on on pension.

5. Since the tds has not been deducted, violating the statutory guidelines, now "what are my options?", as any tax now deposited will be credited under the head advance tax, and not under the head tds, as per the statutory guidelines.
Was this information helpful?
No (0)
Yes (0)
Punjab National Bank [PNB] customer support has been notified about the posted complaint.
Complaint comments 

Comments

Sir,
Today I got a fraud call from [protected] asking for ATM card details and threatened to block the account in case i don't share my details to him till 12PM.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Punjab National Bank [PNB]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    22%
    Complaints
    4881
    Pending
    0
    Resolved
    1097
    Punjab National Bank [PNB] Phone
    +91 11 2610 2303
    +91 12 024 9000
    +91 11 2575 5535
    Punjab National Bank [PNB] Address
    7 Bhikhaiji Cama Place, New Delhi, Delhi, India - 110607
    View all Punjab National Bank [PNB] contact information