Income Tax on Pension
This query is : Resolved
18 July 2010
Mr X is receiving a pension of Rs. 18000 p.m. Is it taxable?
18 July 2010
pension recd by defence personnel, armed forces are alone exempt. rest are taxable under the head salaries.
Family pension is taxable under the head income from other sources
Family pension is taxable under the head income from other sources
18 July 2010
agreed with srinath
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