Pension arrears from 2006 to 2016 credited in bank account

CA Sathish Reddy (Articles) (352 Points)

12 September 2017  

Good evening,

One of my client having pension income. His account credited with the amount 2,50,000 as arrears from 2006 to 2016 in the month of june 2016.

And he is having Other business income and it comes under tax audit.

How to take those pension arrears? whether exempted or full taxable??

Pl suggest