Pension income
This query is : Resolved
29 August 2019
Pension received from defense is taxable or not in the hands of employee.
CA R SEETHARAMAN
(Expert)
29 August 2019
Pension earned by all employees is taxable including defence personnel.
Amol S Joglekar
(Expert)
29 August 2019
it is very much taxable. (I have come across a handful of defense people who have similar notion. I tried to dig out the truth and finally concluded that defense people have exemption from Professional tax which most of them mistook as income tax)
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