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About exemption in Income tax for communication part of pension.
under which section pensioner get rebate in Income tax for communication part of pension ?
Replies (3)
I presume you are asking about the commutation part of pension.
Refer sec 10.
Refer sec 10.
PLS refer section 10(10A)
if you are government employee, the whole commuted pension is exempt
if you are non government employee and you are in receipt of gratuity, 1/3 of commuted pension is exempted
if you are not in receipt of gratuity, 1/2 of commuted pension is exempt
if you are government employee, the whole commuted pension is exempt
if you are non government employee and you are in receipt of gratuity, 1/3 of commuted pension is exempted
if you are not in receipt of gratuity, 1/2 of commuted pension is exempt
Contact if you want to get GST Input and tax exemption through NGO route.
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