Commuted pension exemption

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21 Points Posted on 17 September 2020
Does a state Government employee gets the full exemption on commuted pension or he exemption is calculated on the basis of gratuity received?
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On 17 September 2020 at 19:39 Report
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Quick Summary
This discussion clarifies the tax exemption for commuted pension received by state government employees. It confirms that under Section 10(10A)(i) of the Income Tax Act, commuted pension is fully exempt from income tax for all government employees. This means the exemption is not calculated based on gratuity received.

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CA Student
15932 Points Posted on 17 September 2020

Fully exempt u/s 10(10A)(i)

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On 17 September 2020 at 20:42
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Tax and Business Consultant
11616 Points Posted on 18 September 2020
The commuted pension is fully exempt from income tax for government employees.
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On 18 September 2020 at 23:12

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