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In the scholarship section where parents' income details need to be filled, what should be entered as gross income for a parent incase he/she is retired? the last income received or pension income, if any applicable.
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In the scholarship section where parents' income details need to be filled, what should be entered as gross income for a parent incase he/she is retired? the last income received or pension income, if any applicable.
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It should always be the current (most recent FY for which a return has been filed) income. In case there is no income, report as none.