hiiii
I want to know that is there full exemption of income tax of police medal for
gallantry awardees ??
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Exemption of income tax.
Replies (2)
Sec 10 is an exempted section
(i) pension received by an individual who has been in the service of the Central Government or State Government and has been awarded "Param Vir Chakra" or "Maha Vir Chakra" or "Vir Chakra" or such other gallantry award as the Central Government may, by notification in the Official Gazette, specify in this behalf;
(ii) family pension received by any member of the family of an individual referred to in sub-clause (i).
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