My client State governement retired person he recd. gratutity arrear and computation pension arrear taxable or exempt?
Menu
Pensioner recd. gratutity arrear taxable or exempedted?
Replies (3)
Dear expert pls reply above querry
Calculations for exemption of gratuity under the Income Tax Act is covered under section 10(10). Check its eligibility as on the date of retirement.
Arrears of pension received are taxable, but relief u/s. 89(1) can be claimed.
THANKS A LOT SIR,
Recent Topic
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
- WhatsApp document sharing: Client sends Aadhaar, P
Related Topics
CAclubindia
