Taxability of pension/pf settlement/gratuity received.

This query is : Resolved

Mahabir Prasad Agarwal (Querist)
Follow

12 June 2019 Sir, after death of my husband, an employee in Oil India Limited, I have received the following amounts from the employer :during FY 2018-19:
a) Provident Fund Settlement - 56,81,952/-
b) Provident Fund Arrear - 7,976/-
c) Gratuity - 10,00,000/-
d) Monthly Pension - 4,24,896/-
e) Monthly pension under OIL
superannuation Benefit Scheme Fund - 46,722/-

Please guide me as to which above amounts are taxable and which are exempted ?
Someone told me that , Srl. No. a, b,c and e are exempted under various sections and only srl.no. d) is taxable.

.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

12 June 2019 a,b,c exempted and d and e taxable.

Mahabir Prasad Agarwal

Mahabir Prasad Agarwal (Querist)
Follow

12 June 2019 Thanks for your quick response

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

John Ravindran Moses

ABHISHEK AGRAWAL

Prashant Kotecha

Sanjay Ratnani

Vinod Patil

Subscribe Now

Taxability of pension/pf settlement/gratuity received.

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA