Dear All,
Please clarify the below Query.
My colleague has getting Pension from SBI monthly around 1300/- + but it is a tax savings of earlier years. now he is retired & he is gettting this by monthly. Whether it is taxable or exempted from tax. Please clarify.
Thanks & regards
Prasad
Uncommuted pension is always taxable in the hands of the receiver...So, there will be tax liability on ur frnd..
| Originally posted by : Sunshine... | ||
 |
Uncommuted pension is always taxable in the hands of the receiver...So, there will be tax liability on ur frnd.. |
 |
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
