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Ex-army pension

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 September 2011 Is pension received by ex-army is taxable?
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Preety Parik

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Preety Parik (Expert)
02 October 2011 1. Family pension or pension received by gallantry award recipient is exempt u/s 10(18)
2. Pension received by the legal heir of a person of armed forces who had died on operational duties or similar circumstances, is exempt u/s 10(19)
3. Commutted pension is exempt u/s 10(10A)
4. None of the above, then pension is taxable.
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Querist : Anonymous

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Querist : Anonymous (Querist)
07 October 2011 thank you very much,
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