PENSION (PDB : PERMANENT DISABLEMENT BENEFIT) RECEIVED BY AN INDIVIDUAL FROM EMPLOYEES STATE INSURANCE CORPORATION (ESIC). IS IT LIABLE TO TAX? IF YES, SHOULD IT BE APART FROM EXEMPTION UNDER 80U?
1 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 06 April 2011
amount recd from ESIC will be taxable and you can take deduction u/s 8U while filing return..
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