GPF received on retirement
Narinder Garg (39 Points)
04 July 2019
Govt. Employee received GPF on retirement falling in which section under IT act?
Narinder Garg (39 Points)
04 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 05 July 2019
In case of employees of Central & State Govt. Local Authority, Defence Services and Corporation established under Central or State Acts, the entire commuted value of pension is exempt u/s. 10(10A) of IT act.
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