banner_ad

Taxability of Monthly pension

This query is : Resolved 

25 September 2010 My client being an Individual who is retired Cournal Army Officer from Defence Ministry.He is getting Monthly Pension Rounded off Rs.15000/- from Government of India (Defence Ministry Deptt.)

Now query is whether the said Pension is taxable under salary head or exempt from tax by virtu of section 10 of I.T. Act.

Please confirm & revert back.

25 September 2010 Pension received by him is taxable as salary

Pension received by his family members after his demise will be taxable as family pension under Income from other sources

If however he has received any gallantry award his pension/family pension will be exempt by virtue of sec 10(18)


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details