what if commuted pension is received ..... and after that for 6 months lumpsum pension is received and then for balance 6 months monthly pension is received ....
can we treat that 6 months pension received in lumpsum as exempt?
Firstly depends upon the category of employer. For Governmental employees it is free for others it is partly taxable..
Refer: https://cleartax.in/s/are-pensions-taxable
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