In case of reciept of arrear of pension by a nationlised bank employee,will the arrear in respect of commuted pension be exempt (commuted pension was exempt at the time it was recd.) or it will be taxable and available for relief under sec 89?
sagar mohan (student) (93 Points)
17 May 2010In case of reciept of arrear of pension by a nationlised bank employee,will the arrear in respect of commuted pension be exempt (commuted pension was exempt at the time it was recd.) or it will be taxable and available for relief under sec 89?
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