Salary as well as pension and retirement benefits

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a state govt employee retire during the mid of year and receive salary as well as pension for the AY 2020-2021, she also recieved retirement benefits i.e, g.p.f , leave encashment, gratuity and computed pension . problem is that these retirement benefits first add in salary then deduct under section 10. any other provison
Replies (7)
Salary & Pension - Whole amount taxable

Commuted Pension - Exempt

Gratuity - Exempt upto Rs .20 Lakhs
Sir all these benefits are exempted, my query is these benefits are add in salary then less from salary under section 10. or ony show these benefits in exempted income column
Ya , sure
Divide into taxable portion & exempted portion !
You should first add such benefits and after that deduct the exemptions available
Not that , 2 columns avilable , taxable portion , exempted portion !

For deduct , these amount not as that nature
All are exempted for government employees
simply there are two ways to show first
add all those with salary and show under head salary
then allowance under section 10 deducut all those amounts get the net salary
just crossed verify your calculation salary with after figure salary
or you can show the salary without adding those benifit exempted salary and in the exempted income session show all those incomes of exempted salary
in my opinion it's better to add and deducut
Ok all of you, thanks a lot


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