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... | ||
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Uncommuted pension is always taxable in the hands of the receiver...So, there will be tax liability on ur frnd.. |
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CAclubindia
