My Client is an Indian Citizen by birth and UK citizen by nationality. He is retired from UK and residing in India since last 6 years and thus ordinary resident. He is receiving pension from UK after tax deduction in his UK-London Bank account and getting it remitted to India in NRE-SBI account. The question is whether the amount so received is exempt. The amount is about Rs.10 to 12 lacs per year.
Sir i think it should be exempted in India as UK govt. is already deducting tax and if it is not exempted in India it may attract double taxation.
For more details you may check this here
https://law.incometaxindia.gov.in/DIT/File_opener.aspx?fn=https://law.incometaxindia.gov.in/Directtaxlaws/cbdt/dta/A1_UK.htm
Naveen Fintech Pvt Ltd
Kolkata
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