Taxability of commuted pension of public sector banks
Rahul Gupta (Article Assisstant) (24 Points)
27 May 2016Rahul Gupta (Article Assisstant) (24 Points)
27 May 2016
sanjith kotni
(Articled assistant)
(663 Points)
Replied 28 May 2016
Uncommuted received by any employee will be liable for tax under income from other sources
babugr
(dgm)
(489 Points)
Replied 28 May 2016
1/3rd commuted pension is always exempt from tax whether it is from bank or psu or government