Easy Office
LCI Learning

Tax on arrears of sixth pay commission

This query is : Resolved 

13 July 2012 Hi,
I want to know the taxability of the arrears of Sixth Pay Commission.

Widow of the Govt Servant received the arrear of the Sixth Pay Commission. In addition, she is regularly in receipt of the Family pension.

How much of the Arrears will be exempted.

Total Amount received Rs.195000 including pension.
No Investment under 80C
Age of Widow is 48 Years

Please reply

13 July 2012 mention age of widow........

13 July 2012 Age is 48 Years


13 July 2012 Age is 48 Years

13 July 2012 provide full break up than it will be easy to calculated ... bcoz pension partially taxble and partially not.

13 July 2012 Rs. 100000 is of Arrears
& Rs. 95000 is Regular Pension Income.

Thanks for your Kind Reply.

13 July 2012 taxble mat= 100000+ 95000-(i/3 of 95000 or 15000 which is lower) hence 100000+(95000-15000) = 180000 is taxble amt, & tax sbla start from 190000 hence no tax liability .......

13 July 2012 THANKS A LOT..




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query