Pensioner recd. gratutity arrear taxable or exempedted?

Tax planning 184 views 3 replies

My client State governement retired person he recd. gratutity arrear and computation pension arrear  taxable or exempt?

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,


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