BHARATH KUMAR SHETTY (PRACTINCING COST ACCOUNTANT) (75 Points)
22 September 2018As per the Hon.Supreme Court Judgement, EPF pensioners have now an option to opt for pension on the basis of the actual wages received by them, provided they refund the matching employer contribution along with the interest towards EPS.
The EPFO has started processing such claims. Arrears of pension (Enhanced pension less actual in receipt till date) are also paid to the pensioner.
Whether pension from EPFO can be treated as salary? Can the relief benefit under Section 89(1) be availed?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166853 Points)
Replied 22 September 2018
Yes, relief u/s. 89(1) can be claimed for arrears of pension ........
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