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Querist : Anonymous

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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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