One assessee has been receing pension from USA for services rendered in USA.
Now he is Resident and ordinary resident of India Whether the pension received is Taxable or Not. During this year he has received arrears pension of Rs.6,00,000 along with regular pension of Rs.1,50,000 Kindly let me know what is his position if 1)the pension 1st credited to his a/c in USA and and then transfered to His a/c in India 2) Pension directly credited to his a/c in India
26 July 2012
it is taxable in India subject to DTAA (some DTAA categorically exempts pension from Govt. Another issue is if it is TAX PAID in USA.. etc.)