17 March 2014
My Mother is working as lecturer in a pvt college and she retires two years back. Now she received pension from Feb 12 to Oct 13, Is it taxable during the FY 2013-14 period. No gratuity is received.
PENSION AND DA WEF 01/02/12 to 31/10/13 TOTAL RS 8,10,262/- D.C.R.G. 6,00,000/- CVP RS 7,21,624 PAID ON DATE….6 NOV 2013
18 March 2014
Thanks you Siddharth, final clarification on this. Is any percentage of pension received for the arrears to be considered for taxable income or it should be entire pension amount received for the period
CAclubindia
