Pension income from outside india

This query is : Resolved 

11 March 2014 INCOME FROM PENSION FROM STATE GOVT.OF LONDON RS.3,72,000/-
MY QUERY THE ABOVE PENSION IS TAXABLE OR NOT & ALSO OUT SIDE INCOME SHOWN IN ITR -I

PLZ.REPLY SIR AS EARLE AS POSSIBLE

11 March 2014 what is the residential status of asseess in the year in which this income is recieved and in prev years.

11 March 2014 BY PROFESSION DOCTOR AND PENSION RECEIVED FROM F.Y 2005-2006.

NOW HE STAYING IN INDIA FROM 2005-2006 & STATUS RESIDENT

11 March 2014 then it is taxable in india...

11 March 2014 OUT SIDE INDIA INCOME AS PENSION SHOWING IN OTHER .SECHEDULE

11 March 2014 for resident all income earned outside india is taxable.

11 March 2014 BUT MY FRIEND SAYS THE PENSION IS EXEMPTED BECAUSE HE RECEIVED PENSION FROM LONDON & HE SHOWN LAST FOUR YEAR RETURN HE CLAIM EXEMPTED
PLZ.SIR EXPLAIN ME.

11 March 2014 u can refer sec6 ,sec 9 which clearely states that income earned outside india is taxable u can take exemption u/s 10 for pension.

11 March 2014 THANK YOU SIR,FOR YOUR ADVICE

SIR CAN I DO FOR LAST YEAR HE CLAIM EXEMTED AND ASSESSMENT ORDER IT ALSO EXEMTED BY I.T.DEPT.

11 March 2014 THANK YOU SIR,

LAST YEAR HE CLAIM EXEMPTION & AS PER ASST.ORDER IS EXEMPTED.NOW WHAT CAN I DO SIR,


11 March 2014 if last year was allowed then follow that only.


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