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