Reg: taxability of pension from epf
This query is : Resolved
25 March 2018
whether monthly pension amounting to Rs.2400 pm from EPF is taxable in the hands of retired private sector employee? Please guide.
CA R SEETHARAMAN
(Expert)
25 March 2018
Yes it's a taxable income.
25 March 2018
Dear Sir
Kindly elaborate. Should i treat this as uncommuted pension ?
Kindly elaborate. Should i treat this as uncommuted pension ?
CA R SEETHARAMAN
(Expert)
25 March 2018
Yes treat it as uncommuted pension.
25 March 2018
Thanks sir. Kindlly resolve one more query regarding withdrawal of superannuation fund at the time of retirement which is exempt under sec 10 (13). Where am i suppose to show in the computation of total income.
CA R SEETHARAMAN
(Expert)
25 March 2018
Show it under exempt income in ITR and in computation.
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