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Whether pention taxable in this case

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(Querist)
21 March 2016 Monthly Pention received Age 58 years Person not retired as retiremnt age is 60 in his case Doubt-Whether it will be taxable as salary?? It is written in section that monthly pention received after retirement is taxable. So my doubt is whether pention received within age period 58 to 60 is taxable or not As pention starts to receive from age of 58 years
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CA SUNIL K GARG

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CA SUNIL K GARG (Expert)
26 March 2016 On retirement, an employee normally receives certain retirement benefits. Such benefits are taxable under the head ‘Salaries’ as ‘profits in lieu of Salaries’ as provided in section 17(3). Pension received before retirement is also taxable under the head Salary as ‘profits in lieu of Salaries’ like it is received after retirement.
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