Pension taxability
This query is : Resolved
07 May 2010
Can pension be taxable under Income from other sources since there exists no employer-employee relation at the time of receipt of such income?
07 May 2010
No, pension can only be taxed under Salaries. You receive pension because you rendered services to the employer in past, hence complete connection of Employee - employer is established.
Message likes :
1 times
CA Prashant Gupta
(Expert)
07 May 2010
self pension is only taxed in Salary head.
family pension is taxed under income from other sources. No change allowed in this.
family pension is taxed under income from other sources. No change allowed in this.
Message likes :
1 times
CMA Arif Farooqui
(Expert)
13 May 2010
self pension is chargeable under salary head because you rendered service in past that is why employer is giving you pension. but family pension is taxable in other sources as there is/was no employer-employee relation.
Message likes :
1 times
CA Ravi Sisodia
(Expert)
13 May 2010
only family pension is taxed under income from other sources.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
