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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)


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