GPF Received by a Central Govt Stuff after Retirement. Is GPF is Exemption from Tax ?? what is the section for it??
sanjoy saha (Assistant Accountant) (77 Points)
26 July 2018GPF Received by a Central Govt Stuff after Retirement. Is GPF is Exemption from Tax ?? what is the section for it??
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160928 Points)
Replied 26 July 2018
Any amount of Commuted pension (exempt u/s. 10(10A) of the act) and any amount received from Statutory Providend fund (sec. 10(11) of IT act) by central Government Employees on retirement are tax exempt.
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