income tax exemption for ex service man



Is pension of retired soldier exempted? If yes under which section.. Having income from pension and other source
Please suggest
 
Reply   
 
KVO Merau Kutchh

Its Taxable u/h. Salary.

 
Reply   
 

1. Yes, there is no specific provision explaining the exemption of pension received by an ex-serviceman. Hence, just like normal pension income, the same shall be taxable under the head "Salary". 
2. Taxable u/s sec 15. 
Please correct me if the above solution has an alternative view. 

 
Reply   
 

pension taxable u/s 17. claim std dedn 40000- further int show in Sh. OS
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU