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Commutted Pension
For calculating amount of exempt pension, 1/3rd or 1/2 portion of which amount is to be taken, amount which is received as commutted pension or total pension amount? Please guide..
Replies (2)
Total pension amount.
Thank you very much sir for your reply, so there is a probability that full commutted pension will be exempt? But if part of it is taxable then whether it should be reported as salary income or IFOS? please guide
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