| I am a senior citizen and pension holder. I had last filed income tax return in 2008-09. I have not been submitting income tax return since then because my gross income was lower than the threshold limit. In 2011, I applied to government authority to obtain an income certificate for interest subsidy on bank loan. But the authority rejected the request for want of current IT return although local councillor issued an income certificate. Is it mandatory to submit current IT return for income certificate? |
S.P. Mahinder, Howrah |
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| You have not mentioned the type of bank loan on which you are seeking interest subsidy. There is a centrally sponsored scheme for education loan in which students whose parental income is up to Rs 4.5 lakh per annum can get 100 per cent subsidy. If this is the loan you are talking about, production of an income certificate is required. |
| The district magistrate or additional magistrate or block development officer for Bengal can issue the income certificate. Current income tax return may not be mandatory, but the government officials may want this as your income proof so that they can remain on the safer side. However, you can obtain a certificate for non deduction of tax at source from the assessment officer in the income tax ward where you had submitted returns and this can help to obtain a certificate from the district magistrate. |
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| Pension route |
| How can a family pensioner who has become immobile and cannot sign any document, including cheque, due to illness, draw family pension from a public sector bank? |
Kalyan Dasgupta, Ballygunge |
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| case of inability to sign any document, you have to get this “inability” certified by a qualified doctor, who along with the certificate will also attest the thumb impressions of both hands of the pensioner. Submit this certificate to the bank. Talk to the manager so that he can send an official home every time you want to draw the pension. The official will verify that the pensioner is living and will take his/her thumb impression for disbursal of the pension. If the bank manager declines to provide this service, first write a complaint, wait for a month and then approach the banking ombudsman at the regional office of the RBI. |
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| If you have any queries about investing or taxes or a high-cost purchase you are planning, mail to: btgraph@abpmail.com, or write to: Business Telegraph, 6 Prafulla Sarkar Street, Calcutta 700 001. |
