14 March 2012
gud morning to all expert. can any 1 tell me tds on pension. supoose i m a govt. employee . after retired from my job. i m doing job as a pvt. employee. my salary is 18000. than plz tell me when i will my return that what is the roll of pension ( my pension is 15000)
14 March 2012
Pension may be included under the head "Income from salary" for the purpose of income tax calculation. Please see section 17(1)(ii) of the Income tax Act,1961.