pension
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2010
One of my client was central gov employee. He was colonal in force. he received pension every year from central gov. now he received pension in lump for increment made by gov for last 3 year also. How to treat in income tax. Is it taxable?
04 March 2010
yes it is taxable, however you can claim relief u/s 89.
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