tax excemption
BIJU P K (471 Points)
14 July 2019
Is the defence pension on retirement from army excempted from calculating income tax
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(167329 Points)
Replied 15 July 2019
No. Retirement pension is taxable.
Recent (CBDT) circular says tax exemption for disability pension will be “available only to armed forces personnel who have been invalidated from service on account of bodily disability attributable to or aggravated by such service and not to personnel who have been retired on superannuation or otherwise”.
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