Tax on arrears of sixth pay commission (Income Tax)

This query is : Resolved

Hardik Vyas

( Author )
13 July 2012

Hi,
I want to know the taxability of the arrears of Sixth Pay Commission.

Widow of the Govt Servant received the arrear of the Sixth Pay Commission. In addition, she is regularly in receipt of the Family pension.

How much of the Arrears will be exempted.

Total Amount received Rs.195000 including pension.
No Investment under 80C
Age of Widow is 48 Years

Please reply

CA Lokesh Pokharna

( Expert )
13 July 2012

mention age of widow........

Hardik Vyas

( Author )
13 July 2012

Age is 48 Years

Hardik Vyas

( Author )
13 July 2012

Age is 48 Years

CA Lokesh Pokharna

( Expert )
13 July 2012

provide full break up than it will be easy to calculated ... bcoz pension partially taxble and partially not.

Hardik Vyas

( Author )
13 July 2012

Rs. 100000 is of Arrears
& Rs. 95000 is Regular Pension Income.

Thanks for your Kind Reply.

CA Lokesh Pokharna

( Expert )
13 July 2012

taxble mat= 100000+ 95000-(i/3 of 95000 or 15000 which is lower) hence 100000+(95000-15000) = 180000 is taxble amt, & tax sbla start from 190000 hence no tax liability .......

Hardik Vyas

( Author )
13 July 2012

THANKS A LOT..